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EVOLV EURO BKS ENH YLD ETF-U (EBNK-U.CA) Stock Technical Analysis

TSX:EBNK-U - Toronto Stock Exchange - CA30053N1024 - ETF - Currency: USD

13.3  +0.44 (+3.42%)

Technical Rating and Analysis

9

Taking everything into account, EBNK-U scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EBNK-U has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: EBNK-U has an average volume of 2111 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that EBNK-U is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by EBNK-U over the past year are nicely spread over this period.
EBNK-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 EBNK-U has a been trading in the 12.50 - 13.32 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Weekly and Daily overview Charts
EVOLV EURO BKS ENH YLD ETF-U / EBNK-U Weekly stock chart
EVOLV EURO BKS ENH YLD ETF-U / EBNK-U Daily stock chart
Setup Rating and Analysis

4

EBNK-U has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

9.15

13.46

6 important support areas can be observed.

  • A support zone ranging from 12.69 to 13.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.37 from a horizontal line in the daily time frame.
  • Support @11.76 from a trend line in the weekly time frame.
  • Support @10.73 from a trend line in the weekly time frame.
  • Support @9.79 from a trend line in the daily time frame.
  • Support @9.24 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 13.31 to 13.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for EBNK-U.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for EBNK-U.CA is neutral.
ChartMill Relative Strength78.92POSITIVEEBNK-U.CA has a high relative strength, it outperformed 78.92% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EBNK-U.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EBNK-U.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EBNK-U.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)58.88NEUTRALThe RSI value for EBNK-U.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests EBNK-U.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)67.89NEUTRALThe Stochastics value for EBNK-U.CA is a neutral value.
Average True Range in percent/ATR (20)1.26LOW VOLATILITYThe low ATR as a percentage value for EBNK-U.CA suggests low volalility.
Average Directional Index/ADX (14)12.77NEGATIVEThe low ADX value for EBNK-U.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
EVOLV EURO BKS ENH YLD ETF-U / EBNK-U Daily stock chart

EVOLV EURO BKS ENH YLD ETF-U

TSX:EBNK-U (8/5/2025, 7:00:00 PM)

13.3

+0.44 (+3.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.42%
1 Week1.92%
2 Weeks2.39%
1 Month3.26%
3 Month11.76%
6 Month33.13%
12 Month44.72%
2 Year47.61%
3 Year72.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.26%
ATR Inc78.02%
Range Today0.01
ADR(20)0.05
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.92
Mansfield1.17
10 Day High13.32
10 Day Low12.86
20 Day High13.32
20 Day Low12.5
52 Week High13.32
52 Week Low0
CS1 End13.28
CR1 Start13.31
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr-79.41%
Vol(5)748
Vol(50)2.11K