EVOVEST GLOBAL EQUITY ETF (EVO.CA) Stock Technical Analysis
TSX:EVO - Toronto Stock Exchange - CA30053W1023 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to EVO. 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 13023 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
EVO is currently trading near its 52 week high, which is a good sign. 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 69% 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 25.50 and 26.85.
Although EVO has an excellent technical rating, it does not present a decent entry opportunity 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
21.55
26.61
5 important support areas can be observed.
- A support zone ranging from 25.92 to 26.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.72 to 25.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.09 from a horizontal line in the daily time frame.
- Support @22.65 from a trend line in the weekly time frame.
- A support zone ranging from 21.77 to 22.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.35 to 26.35. 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 | 69.05 | 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) | 65.26 | NEUTRAL | The RSI value for EVO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EVO.CA has a positive trend. |
| Stochastics (14,3) | 63.05 | NEUTRAL | The Stochastics value for EVO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for EVO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 54.76 | POSITIVE | The high ADX value value for EVO.CA suggests a strong 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:EVO (7/30/2025, 7:00:00 PM)
26.34
+0.07 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week0.65%
2 Weeks2.85%
1 Month2.37%
3 Month9.07%
6 Month12.81%
12 Month28.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%0.9%
ATR Inc148.56%
Range Today0.4
ADR(20)0.21
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.05
Mansfield0.46
10 Day High26.85
10 Day Low25.71
20 Day High26.85
20 Day Low25.5
52 Week High26.85
52 Week Low19.51
CS1 End26.31
CR1 Start26.35
Volume & EV
DER(3)-3.46%
DER(5)-5.13%
Volume29.84K
Volume Incr59.67%
Vol(5)16.30K
Vol(50)13.02K