EVOLV EURO BKS ENH YLD ETF-U (EBNK-U.CA) Stock Technical Analysis
TSX:EBNK-U - Toronto Stock Exchange - CA30053N1024 - ETF - Currency: USD
Overall EBNK-U gets a technical rating of 10 out of 10. 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 1703 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 EBNK-U is one of the better performing stocks in the market, outperforming 82% 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 is trading in the upper part of its 52 week range, but not near new highs, so EBNK-U is leading the market.
In the last month EBNK-U has a been trading in a tight range between 12.28 and 13.00.
EBNK-U has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 12.36, a Stop Loss order could be placed below this zone.
More info and screens
9.15
13.14
4 important support areas can be observed.
- Support @12.36 from a horizontal line in the daily time frame.
- Support @11.06 from a trend line in the weekly time frame.
- Support @10.32 from a trend line in the weekly time frame.
- Support @9.24 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.59 to 12.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.01 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 | UP | POSITIVE | The long term trend for EBNK-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBNK-U.CA is up. |
| ChartMill Relative Strength | 82.36 | POSITIVE | EBNK-U.CA has a high relative strength, it outperformed 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EBNK-U.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBNK-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBNK-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.08 | NEUTRAL | The RSI value for EBNK-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EBNK-U.CA has a negative trend. |
| Stochastics (14,3) | 40.21 | NEUTRAL | The Stochastics value for EBNK-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for EBNK-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.98 | NEUTRAL | The ADX value for EBNK-U.CA suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.78 | 12.36 | 0.42 (3.29%) | 25.00% |
| An entry @12.78. This is a Buy Stop order right above the resistance zone. | An exit @12.36. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.42 points, which is 3.29%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:EBNK-U (6/13/2025, 7:00:00 PM)
12.57
-0.08 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.63%
1 Week-1.49%
2 Weeks0.72%
1 Month3.2%
3 Month10.26%
6 Month25.83%
12 Month43.17%
2 Year51.81%
3 Year45.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.24%
ATR Inc-65.71%
Range Today0.1
ADR(20)0.06
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.36
Mansfield1.3
10 Day High12.76
10 Day Low12.37
20 Day High13
20 Day Low12.28
52 Week High13
52 Week Low0
CS1 End12.36
CR1 Start12.59
Volume & EV
DER(3)0%
DER(5)0%
Volume1.80K
Volume Incr-39.77%
Vol(5)1.30K
Vol(50)1.70K