EVOLVE AI FUND (ARTI.CA) Stock Technical Analysis
TSX:ARTI - Toronto Stock Exchange - CA3009241074 - ETF - Currency: CAD
Overall ARTI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARTI is only an average performer.
Warning: ARTI has an average volume of 2315 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ARTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ARTI has a been trading in the 12.02 - 12.95 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ARTI is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, ARTI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.91. Right above this resistance zone may be a good entry point.
More info and screens
11.20
13.05
2 important support areas can be observed.
- A support zone ranging from 12.60 to 12.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.31 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.91 to 12.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ARTI.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARTI.CA is up. |
| ChartMill Relative Strength | 78.58 | POSITIVE | ARTI.CA has a high relative strength, it outperformed 78.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARTI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARTI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARTI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.91 | OVERBOUGHT | The high RSI value suggests ARTI.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ARTI.CA has a negative trend. |
| Stochastics (14,3) | 89.48 | OVERBOUGHT | The high Stochastics value suggests ARTI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for ARTI.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.12 | POSITIVE | The high ADX value value for ARTI.CA suggests a strong trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.93 | 12.64 | 0.29 (2.24%) | 25.00% |
| An entry @12.93. This is a Buy Stop order right above the resistance zone. | An exit @12.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 2.24%. | For a 0.56% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ARTI (7/18/2025, 7:00:00 PM)
12.9
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week1.74%
2 Weeks1.65%
1 Month5.91%
3 Month34.94%
6 Month7.23%
12 Month21.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.98%
ATR Inc-47.93%
Range Today0
ADR(20)0.09
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.58
Mansfield0.6
10 Day High12.95
10 Day Low12.65
20 Day High12.95
20 Day Low12.02
52 Week High12.95
52 Week Low8
CS1 End12.77
CR1 Start12.91
Volume & EV
DER(3)1.31%
DER(5)0.79%
Volume116
Volume Incr-46.46%
Vol(5)1.78K
Vol(50)2.32K