Logo image of BTCC-J.CA

PURPOSE BITCOIN ETF (BTCC-J.CA) Stock Technical Analysis

TSX:BTCC-J - Toronto Stock Exchange - CA74642C6071 - ETF - Currency: CAD

15.85  -0.28 (-1.74%)

Technical Rating and Analysis

5

Taking everything into account, BTCC-J scores 5 out of 10 in our technical rating. BTCC-J was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month BTCC-J has a been trading in the 14.83 - 18.93 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BTCC-J has an average volume of 989 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, BTCC-J did better than 93% of all other stocks. On top of that, BTCC-J also shows a nice and consistent pattern of rising prices.
BTCC-J 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 BTCC-J slightly outperforms the market at the moment.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PURPOSE BITCOIN ETF / BTCC-J Weekly stock chart
PURPOSE BITCOIN ETF / BTCC-J Daily stock chart
Setup Rating and Analysis

3

BTCC-J has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

11.31

19.26

When analyzing the support we can see 5 important areas.

  • Support @15.52 from a trend line in the daily time frame.
  • A support zone ranging from 15.09 to 15.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.82 from a trend line in the daily time frame.
  • Support @11.81 from a trend line in the weekly time frame.
  • Support @11.42 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 17.39 to 17.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @19.07 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.75
Mansfield2.33
10 Day High17.48
10 Day Low14.83
20 Day High18.93
20 Day Low14.83
52 Week High19.36
52 Week Low6.31
Performance
1 Week4.97%
2 Weeks-8.86%
1 Month-13.91%
3 Month-8.86%
6 Month66.49%
12 Month144.22%
2 Year214.48%
3 Year146.89%
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)-0.13
RSI(14)41.66
LBB15.09
UBB17.85
PURPOSE BITCOIN ETF / BTCC-J Daily stock chart

PURPOSE BITCOIN ETF

TSX:BTCC-J (3/7/2025, 7:00:00 PM)

15.85

-0.28 (-1.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.74%
1 Week4.97%
2 Weeks-8.86%
1 Month-13.91%
3 Month-8.86%
6 Month66.49%
12 Month144.22%
2 Year214.48%
3 Year146.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%3.12%
ATR Inc-64.79%
Range Today0
ADR(20)0.17
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.75
Mansfield2.33
10 Day High17.48
10 Day Low14.83
20 Day High18.93
20 Day Low14.83
52 Week High19.36
52 Week Low6.31
CS1 End15.52
CR1 Start17.39
Volume & EV
DER(3)0%
DER(5)-8.37%
Volume252
Volume Incr157.84%
Vol(5)1.58K
Vol(50)989.04