EVOLVE BITCOIN ETF (EBIT.CA) Stock Technical Analysis
TSX:EBIT - Toronto Stock Exchange - CA09175J1084 - ETF - Currency: CAD
Taking everything into account, EBIT scores 1 out of 10 in our technical rating. EBIT 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.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, EBIT turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
EBIT 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 has a been trading in the 41.64 - 51.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EBIT has a poor technical rating and the quality of the setup is also only medium 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
30.38
55.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.94 to 43.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.60 from a trend line in the weekly time frame.
- Support @30.69 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 46.17 to 47.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.28 to 49.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @54.57 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
CRS69.25
Mansfield1.64
10 Day High48.45
10 Day Low41.64
20 Day High51
20 Day Low41.64
52 Week High55.32
52 Week Low25.93
Performance
1 Week2.51%
2 Weeks-7.37%
1 Month-9.86%
3 Month-13.51%
6 Month70.73%
12 Month31.53%
2 Year213.01%
3 Year106.64%
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)39.97
LBB41.54
UBB50.03
TSX:EBIT (3/7/2025, 7:00:00 PM)
44.51
-0.86 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.9%
1 Week2.51%
2 Weeks-7.37%
1 Month-9.86%
3 Month-13.51%
6 Month70.73%
12 Month31.53%
2 Year213.01%
3 Year106.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.29
ATR(20)%4.58%
ATR Inc-10.73%
Range Today2.2
ADR(20)1.74
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.25
Mansfield1.64
10 Day High48.45
10 Day Low41.64
20 Day High51
20 Day Low41.64
52 Week High55.32
52 Week Low25.93
CS1 End43.8
CR1 Start46.17
Volume & EV
DER(3)1.44%
DER(5)-1.59%
Volume126.37K
Volume Incr73.6%
Vol(5)95.43K
Vol(50)76.65K