EVOLVE BITCOIN ETF USD (EBIT-U.CA) Stock Technical Analysis
TSX:EBIT-U - Toronto Stock Exchange - CA09175J1167 - ETF - Currency: USD
Taking everything into account, EBIT-U scores 7 out of 10 in our technical rating. EBIT-U has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: EBIT-U has an average volume of 3354 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EBIT-U is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EBIT-U slightly outperforms the market at the moment.
In the last month EBIT-U has a been trading in the 27.21 - 34.36 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, EBIT-U did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although EBIT-U has an excellent technical rating, it does not offer a high quality setup 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
26.78
38.62
We found 4 important support areas.
- Support @29.76 from a horizontal line in the weekly time frame.
- Support @28.82 from a trend line in the weekly time frame.
- A support zone ranging from 27.95 to 28.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @27.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @38.24 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.5
Mansfield2.44
10 Day High34.36
10 Day Low29.89
20 Day High34.36
20 Day Low27.21
52 Week High38.48
52 Week Low19.47
Performance
1 Week3.62%
2 Weeks14.35%
1 Month10.81%
3 Month-5.92%
6 Month38.64%
12 Month48.98%
2 Year237.33%
3 Year189.55%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.44
RSI(14)63.76
LBB28.73
UBB35.47
TSX:EBIT-U (5/1/2025, 7:00:00 PM)
34.34
+0.87 (+2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.6%
1 Week3.62%
2 Weeks14.35%
1 Month10.81%
3 Month-5.92%
6 Month38.64%
12 Month48.98%
2 Year237.33%
3 Year189.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%3%
ATR Inc-21.18%
Range Today0.24
ADR(20)0.6
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.5
Mansfield2.44
10 Day High34.36
10 Day Low29.89
20 Day High34.36
20 Day Low27.21
52 Week High38.48
52 Week Low19.47
CS1 End29.76
CR1 Start38.24
Volume & EV
DER(3)0%
DER(5)0%
Volume2.93K
Volume Incr-67.53%
Vol(5)1.22K
Vol(50)3.35K