EVOLVE CAD ENERGY FUND (OILY.CA) Technical Analysis
TSX:OILY • CA30054V1031
Current stock price
OILY.CA Technical Rating and Analysis
Taking everything into account, OILY scores 4 out of 10 in our technical rating. OILY has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month OILY has a been trading in the 10.31 - 12.26 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, OILY outperforms 54% of them, which is more or less in line with the market.
- OILY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OILY is lagging the market.
OILY.CA Weekly and Daily overview Charts
OILY.CA Setup Rating and Analysis
OILY has an average technical rating and it also 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
OILY.CA Support and Resistance Analysis
8.87
When analyzing the support we can see 2 important areas.
- Support @10.60 from a horizontal line in the daily time frame.
- A support zone ranging from 8.96 to 9.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.08 to 12.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
OILY.CA Technical Indicator Signal Analysis
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 OILY.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OILY.CA is down. |
| ChartMill Relative Strength | 54 | NEUTRAL | OILY.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OILY.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OILY.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OILY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.01 | NEUTRAL | The RSI value for OILY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests OILY.CA has a negative trend. |
| Stochastics (14,3) | 13.12 | OVERSOLD | The low Stochastics value suggests OILY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for OILY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for OILY.CA suggests a possible start of a new trend. |
OILY.CA Chart- and CandleStick Pattern Analysis
OILY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:OILY (4/20/2026, 7:00:00 PM)
10.63
+0.02 (+0.19%)
EVOLVE CAD ENERGY FUND / OILY.CA TA FAQ
What is the technical rating for OILY stock?
ChartMill assigns a technical rating of 4 / 10 to OILY.CA.
Can you provide the trend direction for EVOLVE CAD ENERGY FUND?
The current trend direction for EVOLVE CAD ENERGY FUND (OILY.CA) is Bullish.
Can you provide the RSI signal for EVOLVE CAD ENERGY FUND?
EVOLVE CAD ENERGY FUND (OILY.CA) has an RSI value of 34.0119. This indicates that the stock is currently neutral.
What is the short term momentum for EVOLVE CAD ENERGY FUND (OILY.CA) stock?
The short term momentum for EVOLVE CAD ENERGY FUND (OILY.CA) is negative.
Can you provide the buy/sell signal for EVOLVE CAD ENERGY FUND?
The buy/sell signal for EVOLVE CAD ENERGY FUND (OILY.CA) is hold as the short term and long term trends are mixed.