EVOLVE AUTO INNOVATION ETF (CARS-B.CA) Stock Technical Analysis
TSX:CARS-B - Toronto Stock Exchange - CA30052J2011 - ETF - Currency: CAD
We assign a technical rating of 4 out of 10 to CARS-B. In the past year, CARS-B was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CARS-B is a bad performer in the overall market: 66% of all stocks are doing better.
Warning: CARS-B has an average volume of 595 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 neutral. This gives a pretty neutral overall picture!
CARS-B is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CARS-B has a been trading in the 23.00 - 25.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
CARS-B 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
20.32
26.58
When analyzing the support we notice one important area.
- A support zone ranging from 20.53 to 20.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.20 to 24.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.20 to 25.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.32 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.96
Mansfield-2.41
10 Day High25.11
10 Day Low23.52
20 Day High25.4
20 Day Low23
52 Week High35.19
52 Week Low0
Performance
1 Week-1.61%
2 Weeks-6.34%
1 Month1.45%
3 Month14.6%
6 Month-2.5%
12 Month-16.76%
2 Year-23.99%
3 Year-46.98%
5 Year12.06%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)47.36
LBB23.5
UBB25.78
TSX:CARS-B (3/6/2025, 7:00:00 PM)
23.79
+0.27 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.15%
1 Week-1.61%
2 Weeks-6.34%
1 Month1.45%
3 Month14.6%
6 Month-2.5%
12 Month-16.76%
2 Year-23.99%
3 Year-46.98%
5 Year12.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.1%
ATR Inc39.56%
Range Today0.11
ADR(20)0.01
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.96
Mansfield-2.41
10 Day High25.11
10 Day Low23.52
20 Day High25.4
20 Day Low23
52 Week High35.19
52 Week Low0
CS1 End20.53
CR1 Start24.2
Volume & EV
DER(3)0%
DER(5)0%
Volume9.00K
Volume Incr211.33%
Vol(5)2.10K
Vol(50)595.32