EVOLVE BITCOIN ETF (EBIT.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EBIT - CA09175J1084 - ETF
Taking everything into account, EBIT scores 1 out of 10 in our technical rating. EBIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EBIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 41.84, a Stop Loss order could be placed below this zone.
More info and screens
40.64
When analyzing the support we notice one important area.
- A support zone ranging from 41.05 to 41.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 42.85 to 43.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.65 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.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EBIT.CA is down. |
| ChartMill Relative Strength | 10.41 | NEGATIVE | EBIT.CA has a low relative strength, it was outperformed by 89.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EBIT.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EBIT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EBIT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.36 | NEUTRAL | The RSI value for EBIT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EBIT.CA has a positive trend. |
| Stochastics (14,3) | 13.69 | OVERSOLD | The low Stochastics value suggests EBIT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for EBIT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.34 | POSITIVE | The high ADX value value for EBIT.CA suggests a strong trend. |
TSX:EBIT (12/19/2025, 7:00:00 PM)
42.61
+1.55 (+3.77%)
EVOLVE BITCOIN ETF / EBIT.CA FAQ
What is the ChartMill technical rating of EVOLVE BITCOIN ETF (EBIT.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to EBIT.CA.
What is the current trend direction of EVOLVE BITCOIN ETF (EBIT.CA) stock?
The current trend direction for EVOLVE BITCOIN ETF (EBIT.CA) is Bearish.
Can you provide the RSI signal for EVOLVE BITCOIN ETF?
EVOLVE BITCOIN ETF (EBIT.CA) has an RSI value of 42.3641. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVOLVE BITCOIN ETF?
The MACD indicator for EVOLVE BITCOIN ETF (EBIT.CA) has a value of 0.0656936, indicating a bearish trend.
Can you provide the support and resistance levels for EVOLVE BITCOIN ETF?
EVOLVE BITCOIN ETF (EBIT.CA) has a support level at 41.84 and a resistance level at 42.85. Check the full technical report for our detailed analysis of EBIT.CA support and resistance levels.