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

TSX:BTCY-U - Toronto Stock Exchange - CA74642T3038 - ETF - Currency: USD

7.69  +0.1 (+1.32%)

Technical Rating and Analysis

2

Overall BTCY-U gets a technical rating of 2 out of 10. In the last year, BTCY-U was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

In the last month BTCY-U has a been trading in the 7.00 - 9.14 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BTCY-U has an average volume of 2934 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BTCY-U 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 BTCY-U slightly outperforms the market at the moment.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, BTCY-U outperforms 61% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PURPOSE BITCOIN YIELD ETF-US / BTCY-U Weekly stock chart
PURPOSE BITCOIN YIELD ETF-US / BTCY-U Daily stock chart
Setup Rating and Analysis

3

The technical rating of BTCY-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.

Support and Resistance Analysis

5.54

9.40

When analyzing the support we can see 4 important areas.

  • Support @7.62 from a trend line in the daily time frame.
  • A support zone ranging from 7.21 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.10 from a trend line in the weekly time frame.
  • Support @5.60 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 8.51 to 8.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @9.31 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
CRS61.08
Mansfield0.44
10 Day High8.5
10 Day Low7
20 Day High9.14
20 Day Low7
52 Week High9.47
52 Week Low0
Performance
1 Week1.85%
2 Weeks-7.13%
1 Month-13.6%
3 Month-13.69%
6 Month50.49%
12 Month26.69%
2 Year107.84%
3 Year-1.03%
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)-0.09
RSI(14)42.98
LBB7.15
UBB8.87
PURPOSE BITCOIN YIELD ETF-US / BTCY-U Daily stock chart

PURPOSE BITCOIN YIELD ETF-US

TSX:BTCY-U (3/5/2025, 7:00:00 PM)

7.69

+0.1 (+1.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.32%
1 Week1.85%
2 Weeks-7.13%
1 Month-13.6%
3 Month-13.69%
6 Month50.49%
12 Month26.69%
2 Year107.84%
3 Year-1.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.54%
ATR Inc78.89%
Range Today0.15
ADR(20)0.08
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.08
Mansfield0.44
10 Day High8.5
10 Day Low7
20 Day High9.14
20 Day Low7
52 Week High9.47
52 Week Low0
CS1 End7.62
CR1 Start8.51
Volume & EV
DER(3)7.77%
DER(5)4.66%
Volume13.36K
Volume Incr363.83%
Vol(5)5.66K
Vol(50)2.93K