EVOLVE BITCOIN ETF USD (EBIT-U.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EBIT-U - CA09175J1167 - ETF
31.72 USD
-0.16 (-0.5%)
We assign a technical rating of 0 out of 10 to EBIT-U. EBIT-U 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EBIT-U is a bad performer in the overall market: 89% of all stocks are doing better.
EBIT-U is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: EBIT-U has an average volume of 2461 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EBIT-U has a been trading in the 29.77 - 33.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
EBIT-U has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 31.58, a Stop Loss order could be placed below this zone.
More info and screens
29.44
43.82
3 important support areas can be observed.
- A support zone ranging from 30.83 to 31.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.25 from a trend line in the daily time frame.
- A support zone ranging from 29.74 to 29.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 31.73 to 31.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.76 to 32.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @43.39 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for EBIT-U.CA is neutral. |
| ChartMill Relative Strength | 11.24 | NEGATIVE | EBIT-U.CA has a low relative strength, it was outperformed by 88.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EBIT-U.CA is above 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) | UP | MIXED | The current price of EBIT-U.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.66 | NEUTRAL | The RSI value for EBIT-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests EBIT-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.92 | NEUTRAL | The Stochastics value for EBIT-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for EBIT-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for EBIT-U.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)
TSX:EBIT-U (1/9/2026, 7:00:00 PM)
31.72
-0.16 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.5%
1 Week0.38%
2 Weeks2.72%
1 Month-3.26%
3 Month-23.57%
6 Month-24.17%
12 Month-6.21%
2 Year104.65%
3 Year278.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.63%
ATR Inc-48.57%
Range Today0.54
ADR(20)0.59
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.24
3 months CRS8.48
6 months CRS8.16
Mansfield-2.14
10 Day High33.14
10 Day Low30.4
20 Day High33.14
20 Day Low29.77
52 Week High44.31
52 Week Low27.21
CS1 End31.58
CR1 Start31.73
Volume & EV
DER(3)0.12%
DER(5)-0.26%
Volume803
Volume Incr-75.52%
Vol(5)642.4
Vol(50)2.46K
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 48.6576. 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 0.265403, indicating a bearish trend.