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 15906 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that QBTC is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by QBTC over the past year are nicely spread over this period.
QBTC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so QBTC slightly outperforms the market at the moment.
In the last month QBTC has a been trading in the 112.52 - 144.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although QBTC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
95.69
152.31
4 important support areas can be observed.
- Support @130.99 from a horizontal line in the daily time frame.
- A support zone ranging from 121.03 to 122.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @112.66 from a trend line in the daily time frame.
- Support @96.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 149.13 to 150.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.68
Mansfield3.25
10 Day High144.5
10 Day Low128.81
20 Day High144.5
20 Day Low112.52
52 Week High154.57
52 Week Low71.81
Performance
1 Week6.83%
2 Weeks7.93%
1 Month28.33%
3 Month3.23%
6 Month36.49%
12 Month68.33%
2 Year269.33%
3 Year235.28%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.47
RSI(14)70.76
LBB123.62
UBB140.83
TSX:QBTC (5/9/2025, 7:00:00 PM)
142.56
+2.28 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.63%
1 Week6.83%
2 Weeks7.93%
1 Month28.33%
3 Month3.23%
6 Month36.49%
12 Month68.33%
2 Year269.33%
3 Year235.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.58
ATR(20)%2.67%
ATR Inc90.02%
Range Today2.12
ADR(20)2.84
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.68
Mansfield3.25
10 Day High144.5
10 Day Low128.81
20 Day High144.5
20 Day Low112.52
52 Week High154.57
52 Week Low71.81
CS1 End130.99
CR1 Start149.13
Volume & EV
DER(3)1.89%
DER(5)3.89%
Volume15.27K
Volume Incr-20.7%
Vol(5)11.43K
Vol(50)15.91K