EVOLVE BITCOIN ETF USD (EBIT-U.CA) Stock Technical Analysis
TSX:EBIT-U - Toronto Stock Exchange - CA09175J1167 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to EBIT-U. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EBIT-U is showing a nice and steady performance.
Warning: EBIT-U has an average volume of 1691 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that EBIT-U is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, EBIT-U also shows a nice and consistent pattern of rising prices.
EBIT-U 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.
In the last month EBIT-U has a been trading in the 35.83 - 43.12 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EBIT-U has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.13
41.75
4 important support areas can be observed.
- A support zone ranging from 38.42 to 39.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.18 to 36.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.58 from a trend line in the weekly time frame.
- Support @30.43 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 | UP | POSITIVE | The long term trend for EBIT-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBIT-U.CA is up. |
| ChartMill Relative Strength | 91.88 | POSITIVE | EBIT-U.CA has a high relative strength, it outperformed 91.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EBIT-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBIT-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBIT-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.39 | OVERBOUGHT | The high RSI value suggests EBIT-U.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests EBIT-U.CA has a positive trend. |
| Stochastics (14,3) | 95.76 | OVERBOUGHT | The high Stochastics value suggests EBIT-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for EBIT-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.09 | 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 (7/15/2025, 7:00:00 PM)
41.34
-0.49 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.17%
1 Week11.22%
2 Weeks11.75%
1 Month10.9%
3 Month40.61%
6 Month13.33%
12 Month103.25%
2 Year300%
3 Year374.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%1.85%
ATR Inc154.31%
Range Today0.24
ADR(20)0.41
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.88
Mansfield2.65
10 Day High43.12
10 Day Low37.76
20 Day High43.12
20 Day Low35.83
52 Week High43.12
52 Week Low19.47
CS1 End39.44
CR1 StartN/A
Volume & EV
DER(3)0.82%
DER(5)3.57%
Volume1.10K
Volume Incr-4.75%
Vol(5)1.40K
Vol(50)1.69K