EVOLVE CLOUD COMPUTING INDEX (DATA.CA) Stock Technical Analysis
TSX:DATA • CA3005321086
Overall DATA gets a technical rating of 0 out of 10. DATA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DATA is a bad performer in the overall market: 89% of all stocks are doing better.
- DATA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: DATA has an average volume of 1439 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- DATA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DATA is lagging the market slightly.
Although the technical rating is bad, DATA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
21.73
When analyzing the support we can see 4 important areas.
- Support @25.01 from a horizontal line in the weekly time frame.
- A support zone ranging from 24.20 to 24.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.74 from a trend line in the weekly time frame.
- Support @21.95 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.11 to 25.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.78 to 28.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for DATA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DATA.CA is down. |
| ChartMill Relative Strength | 11.8 | NEGATIVE | DATA.CA has a low relative strength, it was outperformed by 88.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DATA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DATA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DATA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.37 | NEUTRAL | The RSI value for DATA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DATA.CA has a positive trend. |
| Stochastics (14,3) | 44.95 | NEUTRAL | The Stochastics value for DATA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for DATA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for DATA.CA suggests a strong trend. |
TSX:DATA (3/2/2026, 7:00:00 PM)
25.1
+0.09 (+0.36%)
EVOLVE CLOUD COMPUTING INDEX / DATA.CA FAQ
What is the ChartMill technical rating of EVOLVE CLOUD COMPUTING INDEX (DATA.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to DATA.CA.
Can you provide the trend direction for EVOLVE CLOUD COMPUTING INDEX?
The current trend direction for EVOLVE CLOUD COMPUTING INDEX (DATA.CA) is Bearish.
Can you provide the RSI signal for EVOLVE CLOUD COMPUTING INDEX?
EVOLVE CLOUD COMPUTING INDEX (DATA.CA) has an RSI value of 40.3677. This indicates that the stock is currently neutral.
What is the buy/sell signal for DATA stock?
The buy/sell signal for EVOLVE CLOUD COMPUTING INDEX (DATA.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DATA stock?
EVOLVE CLOUD COMPUTING INDEX (DATA.CA) has a support level at 25.01 and a resistance level at 25.11. Check the full technical report for our detailed analysis of DATA.CA support and resistance levels.