EVOVEST GLOBAL EQUITY ETF (EVO.CA) Stock Technical Analysis
TSX:EVO - Toronto Stock Exchange - CA30053W1023 - ETF - Currency: CAD
We assign a technical rating of 9 out of 10 to EVO. Both in the recent history as in the last year, EVO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: EVO has an average volume of 11471 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.
Looking at the yearly performance, EVO did better than 70% of all other stocks. On top of that, EVO also shows a nice and consistent pattern of rising prices.
EVO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EVO is performing more or less in line with the market.
In the last month EVO has a been trading in a tight range between 24.66 and 25.99.
Volume is considerably higher in the last couple of days.
Although EVO has an excellent technical rating, it does not offer a high 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
20.40
25.89
4 important support areas can be observed.
- Support @24.97 from a horizontal line in the daily time frame.
- Support @23.09 from a horizontal line in the daily time frame.
- A support zone ranging from 21.72 to 22.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.13 to 25.63. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 70.97 | POSITIVE | EVO.CA has a high relative strength, it outperformed 70.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVO.CA is below a declining 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) | 50.73 | NEUTRAL | The RSI value for EVO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EVO.CA has a negative trend. |
| Stochastics (14,3) | 26.61 | NEUTRAL | The Stochastics value for EVO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for EVO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.06 | 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 (6/17/2025, 7:00:00 PM)
24.98
-0.35 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.38%
1 Week-2.19%
2 Weeks-0.28%
1 Month-1.03%
3 Month4.65%
6 Month11.62%
12 Month23.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%1.32%
ATR Inc28.12%
Range Today0.54
ADR(20)0.3
ADR(20)%1.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.97
Mansfield0.65
10 Day High25.99
10 Day Low24.92
20 Day High25.99
20 Day Low24.66
52 Week High25.99
52 Week Low19.51
CS1 End24.97
CR1 Start25.13
Volume & EV
DER(3)-4.92%
DER(5)-3.64%
Volume38.69K
Volume Incr118.15%
Vol(5)26.01K
Vol(50)11.47K