EVOLV EURO BKS ENH YLD ETF (EBNK.CA) Stock Technical Analysis
TSX:EBNK - Toronto Stock Exchange - CA30053N3004 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to EBNK. Although EBNK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: EBNK has an average volume of 14206 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!
EBNK 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.
When comparing the performance of all stocks over the past year, EBNK turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
In the last month EBNK has a been trading in the 13.30 - 14.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EBNK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EBNK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.58
14.35
We found 4 important support areas.
- A support zone ranging from 13.41 to 13.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.62 from a trend line in the weekly time frame.
- Support @11.10 from a horizontal line in the daily time frame.
- Support @10.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.92 to 14.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EBNK.CA is up. |
| ChartMill Relative Strength | 66.7 | NEUTRAL | EBNK.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EBNK.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EBNK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EBNK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.99 | NEUTRAL | The RSI value for EBNK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EBNK.CA has a positive trend. |
| Stochastics (14,3) | 61.48 | NEUTRAL | The Stochastics value for EBNK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for EBNK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.06 | NEUTRAL | The ADX value for EBNK.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 |
|---|---|---|---|
| 14.22 | 13.46 | 0.76 (5.34%) | 18.71% |
| An entry @14.22. This is a Buy Stop order right above the resistance zone. | An exit @13.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.76 points, which is 5.34%. | For a 1.00% total portfolio risk, you can invest 18.71% 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 (7/18/2025, 7:00:00 PM)
13.91
+0.03 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week0.94%
2 Weeks2.66%
1 Month-1.83%
3 Month11.55%
6 Month18.79%
12 Month22.99%
2 Year41.36%
3 Year77.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.8%
ATR Inc-20.5%
Range Today0.16
ADR(20)0.17
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.7
Mansfield0.61
10 Day High14.2
10 Day Low13.47
20 Day High14.2
20 Day Low13.3
52 Week High14.22
52 Week Low0
CS1 End13.88
CR1 Start13.92
Volume & EV
DER(3)11.66%
DER(5)8.34%
Volume16.66K
Volume Incr-29.62%
Vol(5)14.75K
Vol(50)14.21K