EVOLVE INNOVATION INDEX FUND (EDGE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EDGE - CA30052W1032 - ETF
Overall EDGE gets a technical rating of 4 out of 10. EDGE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
EDGE has an average technical rating and also 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.
More info and screens
35.77
3 important support areas can be observed.
- A support zone ranging from 43.09 to 43.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.36 from a horizontal line in the daily time frame.
- Support @36.13 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 44.16 to 45.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.29 to 47.80. 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 EDGE.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EDGE.CA is down. |
| ChartMill Relative Strength | 42.66 | NEUTRAL | EDGE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EDGE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EDGE.CA is below a declining 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) | 46.77 | NEUTRAL | The RSI value for EDGE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EDGE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.67 | NEUTRAL | The Stochastics value for EDGE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for EDGE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.11 | NEGATIVE | The low ADX value for EDGE.CA suggests a weak or negative trend. |
TSX:EDGE (12/24/2025, 7:00:00 PM)
44.12
+0.07 (+0.16%)
EVOLVE INNOVATION INDEX FUND / EDGE.CA FAQ
Can you provide the ChartMill technical rating for EVOLVE INNOVATION INDEX FUND?
ChartMill assigns a technical rating of 4 / 10 to EDGE.CA.
What is the current trend direction of EVOLVE INNOVATION INDEX FUND (EDGE.CA) stock?
The current trend direction for EVOLVE INNOVATION INDEX FUND (EDGE.CA) is Bullish.
What is the RSI signal for EDGE stock?
EVOLVE INNOVATION INDEX FUND (EDGE.CA) has an RSI value of 46.774. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVOLVE INNOVATION INDEX FUND?
The MACD indicator for EVOLVE INNOVATION INDEX FUND (EDGE.CA) has a value of -0.0528816, indicating a bearish trend.
What is the buy/sell signal for EVOLVE INNOVATION INDEX FUND (EDGE.CA) stock?
The buy/sell signal for EVOLVE INNOVATION INDEX FUND (EDGE.CA) is hold as the short term and long term trends are mixed.