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EVOLVE AUTO INNOVATION E-USD (CARS-U.CA) Stock Technical Analysis

TSX:CARS-U - Toronto Stock Exchange - CA30052J3001 - ETF - Currency: USD

18.96  -0.62 (-3.17%)

Technical Rating and Analysis

0

Overall CARS-U gets a technical rating of 0 out of 10. CARS-U scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CARS-U is a bad performer in the overall market: 94% of all stocks are doing better.
Warning: CARS-U has an average volume of 2017 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CARS-U has a been trading in the 0.00 - 22.67 range, which is quite wide. It is currently trading near the high of this range.
CARS-U 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.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EVOLVE AUTO INNOVATION E-USD / CARS-U Weekly stock chart
EVOLVE AUTO INNOVATION E-USD / CARS-U Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, CARS-U does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.87, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

17.55

23.77

We found 1 important support area.

  • A support zone ranging from 17.73 to 17.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 20.37 to 20.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @23.53 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.52
Mansfield-5.45
10 Day High20.48
10 Day Low17.7
20 Day High22.67
20 Day Low0
52 Week High48.69
52 Week Low0
Performance
1 Week-3.66%
2 Weeks5.22%
1 Month-17.24%
3 Month-17.67%
6 Month-31.05%
12 Month-62.49%
2 Year-25.76%
3 Year-63.4%
5 Year-5.01%
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)0.52
RSI(14)48.36
LBB7.68
UBB27.48
EVOLVE AUTO INNOVATION E-USD / CARS-U Daily stock chart

EVOLVE AUTO INNOVATION E-USD

TSX:CARS-U (3/6/2025, 7:00:00 PM)

18.96

-0.62 (-3.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.17%
1 Week-3.66%
2 Weeks5.22%
1 Month-17.24%
3 Month-17.67%
6 Month-31.05%
12 Month-62.49%
2 Year-25.76%
3 Year-63.4%
5 Year-5.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.46
ATR(20)%14.72%
ATR Inc-77.86%
Range Today0.11
ADR(20)0.02
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.52
Mansfield-5.45
10 Day High20.48
10 Day Low17.7
20 Day High22.67
20 Day Low0
52 Week High48.69
52 Week Low0
CS1 End17.87
CR1 Start20.37
Volume & EV
DER(3)0.17%
DER(5)0.1%
Volume20.10K
Volume Incr171.8%
Vol(5)5.52K
Vol(50)2.02K