EVERGEN INFRASTRUCTURE CORP (EVGN.CA) Technical Analysis
TSX-V:EVGN • CA30008P3016
Overall EVGN gets a technical rating of 1 out of 10. EVGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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: 90% 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 trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVGN is lagging the market.
- EVGN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: EVGN has an average volume of 24758 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.
The technical rating of EVGN is bad and it also does not present a quality setup 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
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We can see 4 important resistance areas.
- Resistance @0.43 from a trend line in the weekly time frame.
- Resistance @0.47 from a trend line in the daily time frame.
- Resistance @0.49 from a horizontal line in the daily time frame.
- Resistance @0.52 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for EVGN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVGN.CA is down. |
| ChartMill Relative Strength | 10.63 | NEGATIVE | EVGN.CA has a low relative strength, it was outperformed by 89.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVGN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EVGN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVGN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.98 | NEUTRAL | The RSI value for EVGN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVGN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.96 | OVERSOLD | The low Stochastics value suggests EVGN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for EVGN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.94 | NEGATIVE | The low ADX value for EVGN.CA suggests a weak or negative trend. |
EVGN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:EVGN (3/11/2026, 7:00:00 PM)
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EVERGEN INFRASTRUCTURE CORP / EVGN.CA FAQ
Can you provide the ChartMill technical rating for EVERGEN INFRASTRUCTURE CORP?
ChartMill assigns a technical rating of 1 / 10 to EVGN.CA.
Can you provide the trend direction for EVERGEN INFRASTRUCTURE CORP?
The current trend direction for EVERGEN INFRASTRUCTURE CORP (EVGN.CA) is Bearish.
What is the RSI signal for EVERGEN INFRASTRUCTURE CORP (EVGN.CA) stock?
EVERGEN INFRASTRUCTURE CORP (EVGN.CA) has an RSI value of 37.9772. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVERGEN INFRASTRUCTURE CORP?
The short term momentum for EVERGEN INFRASTRUCTURE CORP (EVGN.CA) is negative.
What is the buy/sell signal for EVGN stock?
The buy/sell signal for EVERGEN INFRASTRUCTURE CORP (EVGN.CA) is sell as both the short term and long term trends are negative.