PURPOSE BITCOIN ETF (BTCC.CA) Stock Technical Analysis
TSX:BTCC - Toronto Stock Exchange - CA74642C1023 - ETF - Currency: CAD
We assign a technical rating of 1 out of 10 to BTCC. BTCC 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 comparing the performance of all stocks over the past year, BTCC turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
BTCC 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 has a been trading in the 14.96 - 18.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTCC has a poor technical rating and the quality of the setup is also not perfect 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
11.56
20.11
We found 3 important support areas.
- A support zone ranging from 15.37 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.49 from a trend line in the weekly time frame.
- Support @11.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.96 to 17.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.21 from a horizontal line in the daily time frame.
- Resistance @19.91 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
CRS50.72
Mansfield1.24
10 Day High17.7
10 Day Low14.96
20 Day High18.56
20 Day Low14.96
52 Week High20.23
52 Week Low9.95
Performance
1 Week3.35%
2 Weeks-8.33%
1 Month-10.48%
3 Month-15.07%
6 Month60.6%
12 Month22.04%
2 Year191.47%
3 Year73.06%
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)-0.04
RSI(14)39.95
LBB14.8
UBB18.35
TSX:BTCC (3/7/2025, 7:00:00 PM)
16.06
-0.39 (-2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.37%
1 Week3.35%
2 Weeks-8.33%
1 Month-10.48%
3 Month-15.07%
6 Month60.6%
12 Month22.04%
2 Year191.47%
3 Year73.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%4.86%
ATR Inc-9.66%
Range Today0.87
ADR(20)0.68
ADR(20)%4.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.72
Mansfield1.24
10 Day High17.7
10 Day Low14.96
20 Day High18.56
20 Day Low14.96
52 Week High20.23
52 Week Low9.95
CS1 End15.65
CR1 Start16.96
Volume & EV
DER(3)-6.09%
DER(5)-8.46%
Volume670.88K
Volume Incr2.39%
Vol(5)560.55K
Vol(50)721.47K