EVOLVE ACTIVE GLOBAL FIXED (EARN.CA) Stock Technical Analysis
TSX:EARN - Toronto Stock Exchange - CA30053B1085 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to EARN. Although EARN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: EARN has an average volume of 320 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
EARN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, EARN turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
In the last month EARN has a been trading in a tight range between 48.41 and 49.34.
EARN has an average technical rating and also the quality of the setup is 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
44.72
51.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 48.40 to 48.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @47.28 from a horizontal line in the daily time frame.
- A support zone ranging from 46.19 to 46.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.17 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.78 to 49.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.27 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for EARN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EARN.CA is up. |
| ChartMill Relative Strength | 41.77 | NEUTRAL | EARN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EARN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EARN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EARN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.45 | NEUTRAL | The RSI value for EARN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EARN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.99 | NEUTRAL | The Stochastics value for EARN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for EARN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 3.07 | NEGATIVE | The low ADX value for EARN.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.85 | 48.40 | 0.45 (0.92%) | 25.00% |
| An entry @48.85. This is a Buy Stop order right above the 10 day high. | An exit @48.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.45 points, which is 0.92%. | For a 0.23% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:EARN (6/6/2025, 7:00:00 PM)
48.72
-0.12 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week0.25%
2 Weeks0.16%
1 Month-1.08%
3 Month-0.75%
6 Month1.58%
12 Month6.75%
2 Year5.84%
3 Year2.14%
5 Year5.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.24%
ATR Inc-91.25%
Range Today0
ADR(20)0.02
ADR(20)%0.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.77
Mansfield-9.98
10 Day High48.84
10 Day Low48.41
20 Day High49.34
20 Day Low48.41
52 Week High49.5
52 Week Low0
CS1 End48.68
CR1 Start48.78
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-5.75%
Vol(5)260
Vol(50)320.58