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EVOLVE INNOVATION INDEX FUND (EDGE.CA) Stock Technical Analysis

TSX:EDGE - Toronto Stock Exchange - CA30052W1032 - ETF - Currency: CAD

38.5  +0.1 (+0.26%)

Technical Rating and Analysis

0

Taking everything into account, EDGE scores 0 out of 10 in our technical rating. EDGE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

63% of all other stocks performed better in the past year than EDGE.
In the last month EDGE has a been trading in the 38.40 - 41.89 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EDGE has an average volume of 1359 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
EDGE 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.
Weekly and Daily overview Charts
EVOLVE INNOVATION INDEX FUND / EDGE Weekly stock chart
EVOLVE INNOVATION INDEX FUND / EDGE Daily stock chart
Setup Rating and Analysis

3

The technical rating of EDGE is bad and it also does not present a 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.

Support and Resistance Analysis

31.41

42.32

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 38.46 to 38.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @37.73 from a trend line in the weekly time frame.
  • A support zone ranging from 32.93 to 33.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @31.73 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 39.73 to 40.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 41.17 to 41.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS37.55
Mansfield0.03
10 Day High41.29
10 Day Low38.4
20 Day High41.89
20 Day Low38.4
52 Week High41.89
52 Week Low32.94
Performance
1 Week-3.58%
2 Weeks-8.09%
1 Month-4.75%
3 Month-6.49%
6 Month8.88%
12 Month6.15%
2 Year28.76%
3 Year6.06%
5 Year98.25%
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)-0.33
RSI(14)34.71
LBB37.96
UBB42.58
EVOLVE INNOVATION INDEX FUND / EDGE Daily stock chart

EVOLVE INNOVATION INDEX FUND

TSX:EDGE (3/7/2025, 7:00:00 PM)

38.5

+0.1 (+0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week-3.58%
2 Weeks-8.09%
1 Month-4.75%
3 Month-6.49%
6 Month8.88%
12 Month6.15%
2 Year28.76%
3 Year6.06%
5 Year98.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%1.3%
ATR Inc-31.2%
Range Today0
ADR(20)0.23
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.55
Mansfield0.03
10 Day High41.29
10 Day Low38.4
20 Day High41.89
20 Day Low38.4
52 Week High41.89
52 Week Low32.94
CS1 End38.49
CR1 Start39.73
Volume & EV
DER(3)-3.98%
DER(5)-2.39%
Volume360
Volume Incr5.62%
Vol(5)1.52K
Vol(50)1.36K