EVOLVE BITCOIN ETF USD (EBIT-U.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EBIT-U - CA09175J1167 - ETF
Overall EBIT-U gets a technical rating of 1 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EBIT-U is a bad performer in the overall market: 91% 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.
- In the last month EBIT-U has a been trading in the 30.40 - 34.38 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: EBIT-U has an average volume of 2298 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
The technical rating of EBIT-U is bad and it also does not present a 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
29.44
When analyzing the support we can see 3 important areas.
- Support @31.14 from a trend line in the weekly time frame.
- Support @30.40 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.12 to 33.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.39 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 | DOWN | NEGATIVE | The short term trend for EBIT-U.CA is down. |
| ChartMill Relative Strength | 9.67 | NEGATIVE | EBIT-U.CA has a low relative strength, it was outperformed by 90.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EBIT-U.CA is below the rising 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) | 44.69 | NEUTRAL | The RSI value for EBIT-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EBIT-U.CA has a negative trend. |
| Stochastics (14,3) | 19.95 | OVERSOLD | The low Stochastics value suggests EBIT-U.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for EBIT-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for EBIT-U.CA suggests a weak or negative trend. |
TSX:EBIT-U (1/22/2026, 7:00:00 PM)
31.44
-0.28 (-0.88%)
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 1 / 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 44.6928. 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 -0.0298613, 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.