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PURPOSE BITCOIN YIELD ETF (BTCY-B.CA) Stock Technical Analysis

TSX:BTCY-B - Toronto Stock Exchange - CA74642T2048 - ETF - Currency: CAD

9.42  -0.19 (-1.98%)

Technical Rating and Analysis

1

Taking everything into account, BTCY-B scores 1 out of 10 in our technical rating. BTCY-B 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.

Warning: BTCY-B has an average volume of 14878 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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, BTCY-B outperforms 48% of them, which is more or less in line with the market.
BTCY-B 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 BTCY-B has a been trading in the 8.76 - 10.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PURPOSE BITCOIN YIELD ETF / BTCY-B Weekly stock chart
PURPOSE BITCOIN YIELD ETF / BTCY-B Daily stock chart
Setup Rating and Analysis

4

BTCY-B 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.

Support and Resistance Analysis

7.20

11.84

3 important support areas can be observed.

  • A support zone ranging from 8.99 to 9.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @7.82 from a horizontal line in the daily time frame.
  • Support @7.27 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @9.74 from a horizontal line in the daily time frame.
  • Resistance @11.72 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
CRS48.67
Mansfield0.9
10 Day High10.32
10 Day Low8.76
20 Day High10.84
20 Day Low8.76
52 Week High11.84
52 Week Low6.08
Performance
1 Week3.29%
2 Weeks-8.1%
1 Month-10.11%
3 Month-14.83%
6 Month53.92%
12 Month20.46%
2 Year120.61%
3 Year19.24%
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)-0.02
RSI(14)39.35
LBB8.73
UBB10.69
PURPOSE BITCOIN YIELD ETF / BTCY-B Daily stock chart

PURPOSE BITCOIN YIELD ETF

TSX:BTCY-B (3/7/2025, 7:00:00 PM)

9.42

-0.19 (-1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.98%
1 Week3.29%
2 Weeks-8.1%
1 Month-10.11%
3 Month-14.83%
6 Month53.92%
12 Month20.46%
2 Year120.61%
3 Year19.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%4.35%
ATR Inc-21.66%
Range Today0.38
ADR(20)0.34
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.67
Mansfield0.9
10 Day High10.32
10 Day Low8.76
20 Day High10.84
20 Day Low8.76
52 Week High11.84
52 Week Low6.08
CS1 End9.15
CR1 Start9.74
Volume & EV
DER(3)-6.3%
DER(5)-5.01%
Volume6.24K
Volume Incr7.81%
Vol(5)9.19K
Vol(50)14.88K