EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:DATA-B • CA3005322076
Taking everything into account, DATA-B scores 0 out of 10 in our technical rating. DATA-B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DATA-B is a bad performer in the overall market: 90% of all stocks are doing better.
- In the last month DATA-B has a been trading in the 28.54 - 34.60 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: DATA-B has an average volume of 1818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- DATA-B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DATA-B is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
The technical rating of DATA-B is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.64
2 important support areas can be observed.
- A support zone ranging from 28.54 to 28.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.45 to 32.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for DATA-B.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DATA-B.CA is down. |
| ChartMill Relative Strength | 10.88 | NEGATIVE | DATA-B.CA has a low relative strength, it was outperformed by 89.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DATA-B.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DATA-B.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DATA-B.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.59 | NEUTRAL | The RSI value for DATA-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests DATA-B.CA has a negative trend. |
| Stochastics (14,3) | 4.29 | OVERSOLD | The low Stochastics value suggests DATA-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for DATA-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for DATA-B.CA suggests a weak or negative trend. |
TSX:DATA-B (2/9/2026, 7:00:00 PM)
29.29
+0.75 (+2.63%)
EVOLVE CLOUD COMPUTING IN-B / DATA-B.CA FAQ
Can you provide the ChartMill technical rating for EVOLVE CLOUD COMPUTING IN-B?
ChartMill assigns a technical rating of 0 / 10 to DATA-B.CA.
What is the current trend direction of EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) stock?
The current trend direction for EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) is Bearish.
What is the RSI signal for DATA-B stock?
EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) has an RSI value of 33.5918. This indicates that the stock is currently neutral.
What is the buy/sell signal for DATA-B stock?
The buy/sell signal for EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) stock?
EVOLVE CLOUD COMPUTING IN-B (DATA-B.CA) has a support level at 28.54 and a resistance level at 32.45. Check the full technical report for our detailed analysis of DATA-B.CA support and resistance levels.