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EVERGEN INFRASTRUCTURE CORP (EVGN.CA) Stock Technical Analysis

TSX-V:EVGN - TSX Venture Exchange - CA30008P3016 - Common Stock - Currency: CAD

0.59  -0.04 (-6.35%)

Technical Rating and Analysis

0

Taking everything into account, EVGN scores 0 out of 10 in our technical rating. EVGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EVGN is a bad performer in the overall market: 99% of all stocks are doing better.
EVGN is part of the Gas Utilities industry. There are 6 other stocks in this industry, of which 100% are performing better than EVGN.
EVGN is currently making a new 52 week low. This is a very bad signal. EVGN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month EVGN has a been trading in the 0.59 - 0.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: EVGN has an average volume of 9094 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
EVERGEN INFRASTRUCTURE CORP / EVGN Weekly stock chart
EVERGEN INFRASTRUCTURE CORP / EVGN Daily stock chart
Setup Rating and Analysis

1

The technical rating of EVGN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.58

1.11

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.99 from a trend line in the weekly time frame.
  • Resistance @1.10 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.89
Mansfield-6.27
10 Day High0.73
10 Day Low0.59
20 Day High0.95
20 Day Low0.59
52 Week High2.71
52 Week Low0.59
Performance
1 Week-6.35%
2 Weeks-21.33%
1 Month-34.44%
3 Month-48.7%
6 Month-68.28%
12 Month-73.18%
2 Year-79.86%
3 Year-83.79%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)32.44
LBB0.55
UBB0.84
EVERGEN INFRASTRUCTURE CORP / EVGN Daily stock chart

EVERGEN INFRASTRUCTURE CORP

TSX-V:EVGN (5/1/2025, 7:00:00 PM)

0.59

-0.04 (-6.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-6.35%
1 Week-6.35%
2 Weeks-21.33%
1 Month-34.44%
3 Month-48.7%
6 Month-68.28%
12 Month-73.18%
2 Year-79.86%
3 Year-83.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%8.64%
ATR Inc-5.77%
Range Today0.03
ADR(20)0.03
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.89
Mansfield-6.27
10 Day High0.73
10 Day Low0.59
20 Day High0.95
20 Day Low0.59
52 Week High2.71
52 Week Low0.59
CS1 EndN/A
CR1 Start0.65
Volume & EV
DER(3)76.48%
DER(5)61.36%
Volume3.00K
Volume Incr-41.67%
Vol(5)5.65K
Vol(50)9.09K