EVOLVE BITCOIN ETF USD (EBIT-U.CA) Stock Technical Analysis
TSX:EBIT-U - Toronto Stock Exchange - CA09175J1167 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to EBIT-U. EBIT-U has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: EBIT-U has an average volume of 3856 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that EBIT-U is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EBIT-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.
In the last month EBIT-U has a been trading in the 29.13 - 35.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EBIT-U has a poor technical rating and the quality of the setup is also not perfect 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
25.33
38.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.72 to 30.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.96 from a trend line in the weekly time frame.
- Support @25.59 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.74 to 33.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.97 from a horizontal line in the daily time frame.
- Resistance @38.23 from a horizontal 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
CRS72.63
Mansfield1.23
10 Day High34.1
10 Day Low29.13
20 Day High35.6
20 Day Low29.13
52 Week High38.48
52 Week Low19.47
Performance
1 Week3.54%
2 Weeks-8.47%
1 Month-10.94%
3 Month-14.92%
6 Month47.67%
12 Month35.89%
2 Year201.36%
3 Year80.29%
5 YearN/A
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)-0.09
RSI(14)40.11
LBB28.67
UBB35.45
TSX:EBIT-U (3/7/2025, 7:00:00 PM)
31.01
-0.83 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.61%
1 Week3.54%
2 Weeks-8.47%
1 Month-10.94%
3 Month-14.92%
6 Month47.67%
12 Month35.89%
2 Year201.36%
3 Year80.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%3.8%
ATR Inc-25.47%
Range Today1.34
ADR(20)0.8
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.63
Mansfield1.23
10 Day High34.1
10 Day Low29.13
20 Day High35.6
20 Day Low29.13
52 Week High38.48
52 Week Low19.47
CS1 End30.28
CR1 Start32.74
Volume & EV
DER(3)-12.12%
DER(5)-2.79%
Volume6.51K
Volume Incr64.23%
Vol(5)4.32K
Vol(50)3.86K