EVOLVE ETHER ETF (ETHR.CA) Stock Technical Analysis
TSX:ETHR - Toronto Stock Exchange - CA29764F2008 - ETF - Currency: CAD
Overall ETHR gets a technical rating of 8 out of 10. ETHR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ETHR has a been trading in the 10.12 - 13.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that ETHR is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ETHR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETHR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ETHR 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
7.23
13.89
When analyzing the support we can see 3 important areas.
- Support @12.55 from a horizontal line in the daily time frame.
- A support zone ranging from 11.43 to 11.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.30 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ETHR.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETHR.CA is up. |
| ChartMill Relative Strength | 84.93 | POSITIVE | ETHR.CA has a high relative strength, it outperformed 84.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETHR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETHR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETHR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.58 | NEUTRAL | The RSI value for ETHR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ETHR.CA has a positive trend. |
| Stochastics (14,3) | 97.02 | OVERBOUGHT | The high Stochastics value suggests ETHR.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for ETHR.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:ETHR (7/11/2025, 7:00:00 PM)
13.75
+0.83 (+6.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.42%
1 Week21.36%
2 Weeks23.32%
1 Month11.79%
3 Month87.84%
6 Month-13.74%
12 Month-5.69%
2 Year61.57%
3 Year75.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%3.87%
ATR Inc26.89%
Range Today0.3
ADR(20)0.35
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.93
Mansfield0.09
10 Day High13.8
10 Day Low11
20 Day High13.8
20 Day Low10.12
52 Week High19.8
52 Week Low6.94
CS1 End12.55
CR1 StartN/A
Volume & EV
DER(3)0.37%
DER(5)0.24%
Volume77.30K
Volume Incr44.95%
Vol(5)50.97K
Vol(50)33.42K