PURPOSE BITCOIN ETF (BTCC-U.CA) Stock Technical Analysis
TSX:BTCC-U - Toronto Stock Exchange - CA74642C3003 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to BTCC-U. BTCC-U has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, BTCC-U outperforms 54% of them, which is more or less in line with the market.
BTCC-U is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BTCC-U has a been trading in the 14.54 - 17.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of BTCC-U is bad and it also does not present a 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.
More info and screens
11.23
19.38
4 important support areas can be observed.
- Support @15.39 from a trend line in the daily time frame.
- A support zone ranging from 14.96 to 15.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.10 from a trend line in the weekly time frame.
- Support @11.34 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @16.97 from a trend line in the daily time frame.
- Resistance @17.69 from a horizontal line in the daily time frame.
- Resistance @19.19 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.65
Mansfield1.28
10 Day High17.1
10 Day Low14.54
20 Day High17.91
20 Day Low14.54
52 Week High19.5
52 Week Low9.61
Performance
1 Week3.11%
2 Weeks-8.29%
1 Month-10.35%
3 Month-14.48%
6 Month61.39%
12 Month23.73%
2 Year196.39%
3 Year82.77%
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)-0.05
RSI(14)40.18
LBB14.37
UBB17.83
TSX:BTCC-U (3/7/2025, 7:00:00 PM)
15.59
-0.31 (-1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.95%
1 Week3.11%
2 Weeks-8.29%
1 Month-10.35%
3 Month-14.48%
6 Month61.39%
12 Month23.73%
2 Year196.39%
3 Year82.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%4.49%
ATR Inc-17.42%
Range Today0.78
ADR(20)0.58
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.65
Mansfield1.28
10 Day High17.1
10 Day Low14.54
20 Day High17.91
20 Day Low14.54
52 Week High19.5
52 Week Low9.61
CS1 End15.39
CR1 Start16.97
Volume & EV
DER(3)-19.74%
DER(5)-14.55%
Volume127.45K
Volume Incr266.96%
Vol(5)88.18K
Vol(50)48.77K