EVOLVE BITCOIN ETF USD (EBIT-U.CA) Stock Technical Analysis
TSX:EBIT-U • CA09175J1167
Overall EBIT-U gets a technical rating of 0 out of 10. EBIT-U'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than EBIT-U.
- EBIT-U is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month EBIT-U has a been trading in the 22.22 - 31.62 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: EBIT-U has an average volume of 2032 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EBIT-U 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
22.00
We found 1 important support area.
- Support @22.22 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @24.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.40 to 29.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.44 from a trend line 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 EBIT-U.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EBIT-U.CA is down. |
| ChartMill Relative Strength | 7.21 | NEGATIVE | EBIT-U.CA has a low relative strength, it was outperformed by 92.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EBIT-U.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBIT-U.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EBIT-U.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.65 | NEUTRAL | The RSI value for EBIT-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EBIT-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.49 | NEUTRAL | The Stochastics value for EBIT-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for EBIT-U.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.77 | POSITIVE | The high ADX value value for EBIT-U.CA suggests a strong trend. |
TSX:EBIT-U (2/23/2026, 7:00:00 PM)
22.83
-1.16 (-4.84%)
EVOLVE BITCOIN ETF USD / EBIT-U.CA FAQ
What is the ChartMill technical rating of EVOLVE BITCOIN ETF USD (EBIT-U.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to EBIT-U.CA.
What is the current trend direction of EVOLVE BITCOIN ETF USD (EBIT-U.CA) stock?
The current trend direction for EVOLVE BITCOIN ETF USD (EBIT-U.CA) is Bearish.
What is the RSI signal for EVOLVE BITCOIN ETF USD (EBIT-U.CA) stock?
EVOLVE BITCOIN ETF USD (EBIT-U.CA) has an RSI value of 33.6541. This indicates that the stock is currently neutral.
What is the MACD signal for EVOLVE BITCOIN ETF USD (EBIT-U.CA) stock?
The MACD indicator for EVOLVE BITCOIN ETF USD (EBIT-U.CA) has a value of -0.0456232, indicating a bearish trend.
What is the buy/sell signal for EVOLVE BITCOIN ETF USD (EBIT-U.CA) stock?
The buy/sell signal for EVOLVE BITCOIN ETF USD (EBIT-U.CA) is sell as both the short term and long term trends are negative.