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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

PURPOSE BITCOIN YIELD ETF (TSE:BTCY)

Crossroads (-60) - BTCY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BTCY?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTCY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_BTCY
Open High Low BTCY Price Change
6.210 6.300 6.080 6.170 -0.145
Entry Signal

MarketClub’s Trade Triangles for BTCY

long term up The long-term trend has been UP since Oct 24th, 2023 at 4.09

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 6.51

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 6.75

Smart Scan Analysis for BTCY

Based on our trend formula, BTCY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BTCY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.210 6.300 6.080 6.170 -0.145
Prev. Close Volume Bid Ask Time
6.170 19878 2024-04-17 15:40:42
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