EVOLVE GLOBAL MAT & MIN EN Y (BASE.CA) Stock Technical Analysis
TSX:BASE - Toronto Stock Exchange - CA30053C1068 - ETF - Currency: CAD
Overall BASE gets a technical rating of 5 out of 10. In the past year, BASE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
BASE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.54, a Stop Loss order could be placed below this zone.
More info and screens
20.61
3 important support areas can be observed.
- A support zone ranging from 21.85 to 22.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.20 to 21.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.82 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.78 to 22.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.31 to 23.43. 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 | NEUTRAL | NEUTRAL | The long term trend for BASE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BASE.CA is up. |
| ChartMill Relative Strength | 21.46 | NEGATIVE | BASE.CA has a low relative strength, it was outperformed by 78.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BASE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BASE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BASE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.07 | NEUTRAL | The RSI value for BASE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BASE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.05 | NEUTRAL | The Stochastics value for BASE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for BASE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.55 | NEGATIVE | The low ADX value for BASE.CA suggests a weak or negative trend. |
TSX:BASE (7/18/2025, 7:00:00 PM)
22.55
-0.02 (-0.09%)