EVOVEST GLOBAL EQUITY ETF (EVO.CA) Stock Technical Analysis
TSX:EVO • CA30053W1023
Taking everything into account, EVO scores 7 out of 10 in our technical rating. Although EVO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: EVO has an average volume of 18978 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- EVO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, EVO outperforms 54% of them, which is more or less in line with the market.
- In the last month EVO has a been trading in a tight range between 28.07 and 29.13.
- Considerably lower volume is observed in the last couple of days.
EVO has an excellent technical rating, but 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
24.05
We found 3 important support areas.
- A support zone ranging from 28.33 to 28.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.57 to 27.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.15 to 29.15. 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 EVO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVO.CA is up. |
| ChartMill Relative Strength | 54.44 | NEUTRAL | EVO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for EVO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EVO.CA has a positive trend. |
| Stochastics (14,3) | 80.31 | OVERBOUGHT | The high Stochastics value suggests EVO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for EVO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for EVO.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 29.16 | 28.38 | 0.78 (2.67%) | 25.00% |
| An entry @29.16. This is a Buy Stop order right above the resistance zone. | An exit @28.38. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.78 points, which is 2.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- 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:EVO (2/25/2026, 7:00:00 PM)
29.14
+0.38 (+1.32%)
EVOVEST GLOBAL EQUITY ETF / EVO.CA FAQ
Can you provide the ChartMill technical rating for EVOVEST GLOBAL EQUITY ETF?
ChartMill assigns a technical rating of 7 / 10 to EVO.CA.
Can you provide the trend direction for EVOVEST GLOBAL EQUITY ETF?
The current trend direction for EVOVEST GLOBAL EQUITY ETF (EVO.CA) is Bullish.
What is the RSI signal for EVOVEST GLOBAL EQUITY ETF (EVO.CA) stock?
EVOVEST GLOBAL EQUITY ETF (EVO.CA) has an RSI value of 60.8902. This indicates that the stock is currently neutral.
What is the MACD signal for EVOVEST GLOBAL EQUITY ETF (EVO.CA) stock?
The MACD indicator for EVOVEST GLOBAL EQUITY ETF (EVO.CA) has a value of 0.0302718, indicating a bearish trend.
Can you provide the short term momentum for EVOVEST GLOBAL EQUITY ETF?
The short term momentum for EVOVEST GLOBAL EQUITY ETF (EVO.CA) is positive.