EVOLVE AUTOMOBILE INNOVATION (CARS.CA) Stock Technical Analysis
TSX:CARS - Toronto Stock Exchange - CA30052J1021 - ETF - Currency: CAD
Taking everything into account, CARS scores 1 out of 10 in our technical rating. CARS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
72% of all other stocks performed better in the past year than CARS.
Warning: CARS has an average volume of 1372 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CARS has a been trading in the 15.13 - 18.46 range, which is quite wide. It is currently trading near the high of this range.
CARS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
CARS has a poor technical rating and the quality of the setup is also only medium 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
16.99
22.30
When analyzing the support we notice one important area.
- A support zone ranging from 17.16 to 17.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 18.23 to 18.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.04 to 20.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.14 to 21.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @22.08 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.02
Mansfield-0.86
10 Day High18.22
10 Day Low16.08
20 Day High18.46
20 Day Low15.13
52 Week High22.35
52 Week Low15.13
Performance
1 Week2.59%
2 Weeks8.71%
1 Month0.11%
3 Month-15.8%
6 Month-13.07%
12 Month-1.25%
2 Year-30.38%
3 Year-49.32%
5 Year-24.24%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.26
RSI(14)53.33
LBB15.72
UBB18.55
TSX:CARS (5/2/2025, 7:00:00 PM)
18.22
+0.33 (+1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.84%
1 Week2.59%
2 Weeks8.71%
1 Month0.11%
3 Month-15.8%
6 Month-13.07%
12 Month-1.25%
2 Year-30.38%
3 Year-49.32%
5 Year-24.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%3.3%
ATR Inc-40.02%
Range Today0
ADR(20)0.22
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.02
Mansfield-0.86
10 Day High18.22
10 Day Low16.08
20 Day High18.46
20 Day Low15.13
52 Week High22.35
52 Week Low15.13
CS1 End17.46
CR1 Start18.23
Volume & EV
DER(3)0%
DER(5)0%
Volume181
Volume Incr-57.22%
Vol(5)320.2
Vol(50)1.37K