EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) Stock Technical Analysis
Canada - TSX:CARS-U - CA30052J3001 - ETF
29.66 USD
+2.13 (+7.74%)
Overall CARS-U gets a technical rating of 6 out of 10. CARS-U has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: CARS-U has an average volume of 2325 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CARS-U has a been trading in the 15.05 - 29.82 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, CARS-U outperforms 44% of them, which is more or less in line with the market.
CARS-U is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CARS-U is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CARS-U has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.76
29.97
When analyzing the support we can see 3 important areas.
- Support @24.46 from a trend line in the daily time frame.
- A support zone ranging from 21.26 to 21.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.67 to 29.67. 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 CARS-U.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CARS-U.CA is up. |
| ChartMill Relative Strength | 44.9 | NEUTRAL | CARS-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CARS-U.CA is above the rising 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) | 65.07 | NEUTRAL | The RSI value for CARS-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests CARS-U.CA has a positive trend. |
| Stochastics (14,3) | 95.76 | OVERBOUGHT | The high Stochastics value suggests CARS-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CARS-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.04 | NEGATIVE | The low ADX value for CARS-U.CA suggests a weak or negative 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)
TSX:CARS-U (10/17/2025, 7:00:00 PM)
29.66
+2.13 (+7.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.74%
1 Week49.72%
2 Weeks97.08%
1 Month59.46%
3 Month49.05%
6 Month0.51%
12 Month-35.52%
2 Year14.16%
3 Year-26.66%
5 Year50.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%4.69%
ATR Inc22.83%
Range Today0.48
ADR(20)0.1
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.9
Mansfield-2.74
10 Day High29.82
10 Day Low18.7
20 Day High29.82
20 Day Low15.05
52 Week High45.2
52 Week Low0
CS1 End24.46
CR1 Start29.67
Volume & EV
DER(3)-3.33%
DER(5)-2%
Volume4.00K
Volume Incr-22.97%
Vol(5)2.10K
Vol(50)2.33K