EVOLVE INNOVATION INDEX FUND (EDGE.CA) Stock Technical Analysis
Canada - TSX:EDGE - CA30052W1032 - ETF
45.08 CAD
+0.81 (+1.83%)
Overall EDGE gets a technical rating of 7 out of 10. Although EDGE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: EDGE has an average volume of 1321 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
EDGE is currently making a new 52 week high. This is a strong signal. 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 has a been trading in the 42.35 - 45.08 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 outperforms 61% of them, which is more or less in line with the market.
Although EDGE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.31
45.53
We found 3 important support areas.
- A support zone ranging from 41.90 to 43.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.85 from a trend line in the weekly time frame.
- Support @35.67 from a trend line in the weekly 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDGE.CA is up. |
| ChartMill Relative Strength | 61.96 | NEUTRAL | EDGE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDGE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDGE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EDGE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.77 | OVERBOUGHT | The high RSI value suggests EDGE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests EDGE.CA has a positive trend. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests EDGE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for EDGE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.21 | NEGATIVE | The low ADX value for EDGE.CA suggests a weak or negative 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)
TSX:EDGE (9/18/2025, 7:00:00 PM)
45.08
+0.81 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.83%
1 Week4.67%
2 Weeks5.75%
1 Month4.57%
3 Month8.94%
6 Month18.91%
12 Month22.5%
2 Year50.42%
3 Year68.46%
5 Year52.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%0.93%
ATR Inc75%
Range Today0
ADR(20)0.22
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.96
Mansfield0.11
10 Day High45.08
10 Day Low42.66
20 Day High45.08
20 Day Low42.35
52 Week High45.08
52 Week Low32.63
CS1 End43.71
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume222
Volume Incr3.02%
Vol(5)1.08K
Vol(50)1.32K