EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:CARS-U • CA30052J3001
Taking everything into account, CARS-U scores 5 out of 10 in our technical rating. In the last year, CARS-U was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, CARS-U is a bad performer in the overall market: 73% of all stocks are doing better.
- Warning: CARS-U has an average volume of 2404 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- CARS-U is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So CARS-U is doing better than the market!
- In the last month CARS-U has a been trading in the 24.28 - 29.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CARS-U does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.96. Right above this resistance zone may be a good entry point.
More info and screens
17.90
3 important support areas can be observed.
- A support zone ranging from 24.28 to 24.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.67 from a trend line in the weekly time frame.
- Support @18.08 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.96 to 28.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.59 to 30.12. 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 CARS-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARS-U.CA is up. |
| ChartMill Relative Strength | 27.02 | NEGATIVE | CARS-U.CA has a low relative strength, it was outperformed by 72.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CARS-U.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CARS-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CARS-U.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.31 | NEUTRAL | The RSI value for CARS-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CARS-U.CA has a negative trend. |
| Stochastics (14,3) | 67.73 | NEUTRAL | The Stochastics value for CARS-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CARS-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.5 | NEGATIVE | The low ADX value for CARS-U.CA suggests a weak or negative trend. |
TSX:CARS-U (1/30/2026, 7:00:00 PM)
26.76
-0.63 (-2.3%)
EVOLVE AUTO INNOVATION E-USD / CARS-U.CA FAQ
What is the ChartMill technical rating of EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to CARS-U.CA.
Can you provide the trend direction for EVOLVE AUTO INNOVATION E-USD?
The current trend direction for EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) is Bullish.
Can you provide the RSI signal for EVOLVE AUTO INNOVATION E-USD?
EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) has an RSI value of 52.312. This indicates that the stock is currently neutral.
What is the short term momentum for CARS-U stock?
The short term momentum for EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) is positive.
Can you provide the buy/sell signal for EVOLVE AUTO INNOVATION E-USD?
The buy/sell signal for EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) is buy as both the short term and long term trends are positive.