EVOLVE CAD UTILITIES FUND (UTES.CA) Stock Technical Analysis
TSX:UTES - CA30054A1093 - ETF
9.41 CAD
-0.1 (-1.05%)
Taking everything into account, UTES scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, UTES has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, UTES did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
UTES is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UTES is lagging the market.
In the last month UTES has a been trading in the 9.15 - 9.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although UTES 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
8.68
10.04
3 important support areas can be observed.
- A support zone ranging from 9.29 to 9.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.08 from a horizontal line in the daily time frame.
- Support @8.77 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.49 to 9.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.94 from a horizontal 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 | UP | POSITIVE | The long term trend for UTES.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTES.CA is neutral. |
| ChartMill Relative Strength | 99.63 | POSITIVE | UTES.CA has a high relative strength, it outperformed 99.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UTES.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UTES.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UTES.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.46 | NEUTRAL | The RSI value for UTES.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UTES.CA has a negative trend. |
| Stochastics (14,3) | 29.45 | NEUTRAL | The Stochastics value for UTES.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for UTES.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.63 | POSITIVE | The high ADX value value for UTES.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:UTES (8/29/2025, 7:00:00 PM)
9.41
-0.1 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.05%
1 Week-2.89%
2 Weeks-1.98%
1 Month1.95%
3 Month3.52%
6 Month2.17%
12 Month1138.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%1.08%
ATR Inc32.07%
Range Today0.08
ADR(20)0.09
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.63
Mansfield-0.9
10 Day High9.81
10 Day Low9.35
20 Day High9.81
20 Day Low9.15
52 Week High10.5
52 Week Low8.37
CS1 End9.33
CR1 Start9.49
Volume & EV
DER(3)4.61%
DER(5)-1.91%
Volume40.08K
Volume Incr16%
Vol(5)121.03K
Vol(50)94.71K