BITCOIN FUND/THE (QBTC.CA) Stock Technical Analysis
TSX:QBTC - Toronto Stock Exchange - CA09175G1046 - Currency: CAD
Taking everything into account, QBTC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, QBTC is showing a nice and steady performance.
Warning: QBTC has an average volume of 8676 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, QBTC did better than 87% of all other stocks.
QBTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month QBTC has a been trading in the 126.97 - 154.00 range, which is quite wide. It is currently trading near the high of this range.
Although QBTC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
121.54
154.50
We found 4 important support areas.
- A support zone ranging from 138.63 to 141.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 133.40 to 135.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @130.91 from a horizontal line in the daily time frame.
- Support @122.77 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 151.78 to 152.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for QBTC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for QBTC.CA is up. |
| ChartMill Relative Strength | 87.76 | POSITIVE | QBTC.CA has a high relative strength, it outperformed 87.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of QBTC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of QBTC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of QBTC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.34 | NEUTRAL | The RSI value for QBTC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.63 | POSITIVE | The MACD value suggests QBTC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.37 | OVERBOUGHT | The high Stochastics value suggests QBTC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for QBTC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for QBTC.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:QBTC (7/18/2025, 7:00:00 PM)
151.77
-1.19 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.78%
1 Week2.5%
2 Weeks11.6%
1 Month13.47%
3 Month29.95%
6 Month1.98%
12 Month72.27%
2 Year295.75%
3 Year396.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.5
ATR(20)%2.36%
ATR Inc-28.1%
Range Today2.72
ADR(20)2.66
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.76
Mansfield1.78
10 Day High154
10 Day Low136
20 Day High154
20 Day Low126.97
52 Week High154.57
52 Week Low71.81
CS1 End141.01
CR1 Start151.78
Volume & EV
DER(3)0%
DER(5)0%
Volume9.47K
Volume Incr70.41%
Vol(5)10.91K
Vol(50)8.68K