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Economic Investment Trust Limited

EVT.TO Technical Analysis Summary (TSX)

Analyze EVT.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

EVT.TO●TSX
Financial ServicesAsset Management
$23.50
$0.23(0.97%)
Canadian Market opens in 15h 11m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EVT.TO Technical Analysis Summary (TSX)

Economic Investment Trust Limited (TSX: EVT.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.28)
Trend Strength:Moderate (ADX: 26.74)
Volatility:Low (ATR: 0.30)
Support/Resistance:$22.82 – $23.84 (Bollinger Bands)

Technical conditions suggest Economic Investment Trust Limited on the TSX is awaiting a decisive move. Overall, Economic Investment Trust Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.28

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.94

Neutral
Mid-range signal with no clear trend.

Williams %R: -43.48

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.03

Bullish
Steady upward momentum.

Takeaway:Economic Investment Trust Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.30

Low
Low volatility, stable price action.

CCI (14): 57.55

Bullish
Bullish, momentum building upward.

Takeaway:Economic Investment Trust Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.84
Middle Band (SMA 20)
$23.33
Lower Band
$22.82
Current Position
Within Bands

Takeaway:Economic Investment Trust Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$23.97
Middle Line (EMA 20)
$23.38
Lower Channel
$22.78
Squeeze Status
Squeeze On

Takeaway:Economic Investment Trust Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume650.00
Money Flow Index47.45Neutral, balanced money flows with no clear signal.
Relative Vigor Index40.17Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:EVT.TO shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Economic Investment Trust Limited (TSX: EVT.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Economic Investment Trust Limited are mixed, suggesting a Hold or wait-and-see approach.

(TSX: EVT.TO) Technical Analysis FAQ