Stock Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
PURPOSE BITCOIN ETF (TSE:BTCC.B)
Sidelines Mode (-55) - BTCC.B is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BTCC.B?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTCC.B.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTCC.B
The long-term trend has been UP since Jan 18th, 2023 at 4.190
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 5.485
The short-term trend has been UP since Sep 27th, 2023 at 5.180
Smart Scan Analysis for BTCC.B
Based on our trend formula, BTCC.B is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).