Why does a stock go down?

The current value of anticipated future profits is influenced by expectations for growth and market risk. If profit growth expectations fall or market risk rises, stock prices may drop.

Is it bad if stock goes down?

A falling stock price means the investor faces a loss, depending on how much the stock's value has declined since purchase. The lower the price drops, the more the investor's holdings lose value.

Is it possible to predict the market?

While absolute certainty isn't possible, investors use tools like technical analysis and chart reading to make informed guesses about market direction.

Purpose Ether Yield ETF

ETHY.TO•TSX

Financial ServicesAsset Management

CA$2.59

CA$-0.01(-0.38%)

Why Is Purpose Ether Yield ETF (ETHY.TO) Stock Down Today?

Live update on ETHY.TO's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

Day Change

0.38%

↓ 0.38%

Volume (Unusual)

114.26K

↑ 67.00%

Open / Previous Close

$2.51 / $2.60

Day Range (Low / High)

$2.51 - $2.63

Summary

Purpose Ether Yield ETF (ETHY.TO) is trading down -0.38% at $2.59, reflecting a negative shift in investor sentiment today. The stock opened at $2.51 and has moved between $2.51 and $2.63 so far.

Trading volume is 114256, which is 67% above its average, and the price action suggests selling interest.

Technically, ETHY.TO is trading above its 50-day moving average of $2.17 and below its 200-day moving average of $3.08, indicating short-term strength but long-term weakness.

Forecast models project potential returns of -23.17% in 1 month ($1.99), +77.20% in 1 year ($4.59), and +111.19% in 5 years ($5.47).

View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
Stay informed and make better investment decisions.

ETHY.TO Technical Signals

Trading over 50-day moving average ($2.17)

Trading below 200-day moving average ($3.08)

Analyst Recommendations data is not available for ETHY.TOAnalyst Recommendations details for ETHY.TO are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$1.99

1 Year

$4.59

3 Years

$5.04

5 Years

$5.47

Bad0.00

Is this change significant?

5-Day:-15.58%

1-Month:-20.75%

3-Month:-55.67%

What's next?

Next earnings date: 7/30/2025