EVOLVE CRYPTOCURRENCIES ETF (ETC.CA) Stock Technical Analysis
TSX:ETC - CA3005342033 - ETF
23.32 CAD
0 (0%)
We assign a technical rating of 8 out of 10 to ETC. In the last year, ETC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ETC has a been trading in the 22.45 - 25.38 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ETC has an average volume of 4876 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that ETC is one of the better performing stocks in the market, outperforming 86% of all stocks.
ETC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ETC is lagging the market slightly.
ETC 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. There is very little resistance above the current price. There is a support zone below the current price at 23.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.91
23.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.18 to 23.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.10 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 ETC.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETC.CA is neutral. |
| ChartMill Relative Strength | 86.17 | POSITIVE | ETC.CA has a high relative strength, it outperformed 86.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.45 | NEUTRAL | The RSI value for ETC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ETC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.98 | NEUTRAL | The Stochastics value for ETC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ETC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for ETC.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)
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 |
|---|---|---|---|
| 24.00 | 22.44 | 1.56 (6.50%) | 15.38% |
| An entry @24.00. This is a Buy Stop order right above the 10 day high. | An exit @22.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.56 points, which is 6.50%. | When investing 15.38% 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:ETC (9/9/2025, 7:00:00 PM)
23.32
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.66%
2 Weeks-1.19%
1 Month-3.64%
3 Month18.2%
6 Month38.81%
12 Month89.44%
2 Year274.32%
3 Year375.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%3.02%
ATR Inc-31.19%
Range Today0.22
ADR(20)0.58
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.17
Mansfield1.1
10 Day High23.99
10 Day Low22.45
20 Day High25.38
20 Day Low22.45
52 Week High25.38
52 Week Low11.82
CS1 End23.18
CR1 StartN/A
Volume & EV
DER(3)-2.87%
DER(5)-0.44%
Volume8.36K
Volume Incr27.34%
Vol(5)5.88K
Vol(50)4.88K