EVOLVE AUTO INNOVATION ETF (CARS-B.CA) Stock Technical Analysis
TSX:CARS-B • CA30052J2011
We assign a technical rating of 5 out of 10 to CARS-B. CARS-B has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: CARS-B has an average volume of 2168 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- CARS-B is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CARS-B is performing more or less in line with the market.
- In the last month CARS-B has a been trading in the 0.00 - 34.12 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, CARS-B turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- Considerably lower volume is observed in the last couple of days.
CARS-B has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.95
We found 2 important support areas.
- A support zone ranging from 31.02 to 31.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.20 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 32.54 to 32.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.66 to 36.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 CARS-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CARS-B.CA is neutral. |
| ChartMill Relative Strength | 51.36 | NEUTRAL | CARS-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARS-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARS-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CARS-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for CARS-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.35 | NEGATIVE | The MACD value suggests CARS-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.45 | NEUTRAL | The Stochastics value for CARS-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.08 | HIGH VOLATILITY | The high ATR as a percentage value for CARS-B.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for CARS-B.CA suggests a weak or negative trend. |
TSX:CARS-B (3/2/2026, 7:00:00 PM)
31.89
+31.89 (+Infinity%)
EVOLVE AUTO INNOVATION ETF / CARS-B.CA FAQ
What is the technical rating for CARS-B stock?
ChartMill assigns a technical rating of 5 / 10 to CARS-B.CA.
What is the current trend direction of EVOLVE AUTO INNOVATION ETF (CARS-B.CA) stock?
The current trend direction for EVOLVE AUTO INNOVATION ETF (CARS-B.CA) is Bearish.
What is the RSI signal for EVOLVE AUTO INNOVATION ETF (CARS-B.CA) stock?
EVOLVE AUTO INNOVATION ETF (CARS-B.CA) has an RSI value of 51.2291. This indicates that the stock is currently neutral.
What is the short term momentum for CARS-B stock?
The short term momentum for EVOLVE AUTO INNOVATION ETF (CARS-B.CA) is neutral.
Can you provide the support and resistance levels for EVOLVE AUTO INNOVATION ETF?
EVOLVE AUTO INNOVATION ETF (CARS-B.CA) has a support level at 31.88 and a resistance level at 32.54. Check the full technical report for our detailed analysis of CARS-B.CA support and resistance levels.