EVOLVE INNOVATION INDEX-USD (EDGE-U.CA) Stock Technical Analysis
TSX:EDGE-U • CA30052W1115
We assign a technical rating of 8 out of 10 to EDGE-U. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EDGE-U is only an average performer.
- Warning: EDGE-U has an average volume of 1199 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!
- EDGE-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 EDGE-U has a been trading in the 18.63 - 25.28 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, EDGE-U outperforms 65% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
Although EDGE-U has an excellent technical rating, the quality of the presented setup is not ideal 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
20.33
2 important support areas can be observed.
- A support zone ranging from 22.68 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.54 from a trend 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 EDGE-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDGE-U.CA is up. |
| ChartMill Relative Strength | 65.78 | NEUTRAL | EDGE-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDGE-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDGE-U.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65 | NEUTRAL | The RSI value for EDGE-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests EDGE-U.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.47 | NEUTRAL | The Stochastics value for EDGE-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for EDGE-U.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.46 | POSITIVE | The high ADX value value for EDGE-U.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 25.29 | 22.67 | 2.62 (10.36%) | 9.65% |
| An entry @25.29. This is a Buy Stop order right above the 10 day high. | An exit @22.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.62 points, which is 10.36%. | When investing 9.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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:EDGE-U (1/15/2026, 7:00:00 PM)
23.57
+0.06 (+0.26%)
EVOLVE INNOVATION INDEX-USD / EDGE-U.CA FAQ
Can you provide the ChartMill technical rating for EVOLVE INNOVATION INDEX-USD?
ChartMill assigns a technical rating of 8 / 10 to EDGE-U.CA.
What is the trend direction for EDGE-U stock?
The current trend direction for EVOLVE INNOVATION INDEX-USD (EDGE-U.CA) is Bullish.
What is the RSI signal for EVOLVE INNOVATION INDEX-USD (EDGE-U.CA) stock?
EVOLVE INNOVATION INDEX-USD (EDGE-U.CA) has an RSI value of 65.0002. This indicates that the stock is currently neutral.
What is the short term momentum for EDGE-U stock?
The short term momentum for EVOLVE INNOVATION INDEX-USD (EDGE-U.CA) is positive.
What is the support and resistance level for EDGE-U stock?
EVOLVE INNOVATION INDEX-USD (EDGE-U.CA) has a support level at 23.37. Check the full technical report for our detailed analysis of EDGE-U.CA support and resistance levels.