UTES:CA
Canadian stock research

(UTES) Technical Analysis and Trading Signals

April 08, 2025, 09:15 AM ET
By Canada Research Desk
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Proprietary Signals for UTES:CA

Stock Chart for UTES:CA

Chart for Evolve Canadian Utilities Enhanced Yield Index Fund (UTES:CA)

Blue = Current Price
Red = Resistance
Green = Support

Trading Plans Summary

Side-by-Side Comparison
Trading PlanBiasAction / TriggerProfit TargetStop LossExecution Rule
Position Trading Strategy
Multi-Week (Position)		LONG$8.58$8.93 (+4.08%)$8.54 (−0.47%)Enter near the entry level; take profit at the target; stop loss if support fails.
Risk Hedging Strategy
Tactical / Swing		SHORT / HEDGE$8.93$8.58 (−3.92%)$8.97 (+0.45%)Enter short near the entry level; cover at the target; stop loss if resistance breaks.
Position Trading StrategyLONG
Multi-Week (Position)Reward/Risk 8.7 : 1
  1. Step 1 · EnterBuy near$8.58
  2. Step 2 · Take profitSell at$8.93+4.08%
  3. Step 3 · ProtectExit if price falls below$8.54−0.47%
PlanBuy UTES:CA near $8.58 · Target $8.93 · Stop $8.54
Order LevelPriceDistance from Trigger
Target (take profit at)$8.93+4.08%
Entry Zone (buy near)$8.58—
Stop Loss (exit if below)$8.54−0.47%
Objective: Core Trend PositionHorizon: Multi-Week (Position)Status: Active Conditional OrderReward/Risk: 8.7 : 1
Entry$8.58
Target$8.93
Stop Loss$8.54
Risk Hedging StrategySHORT / HEDGE
Tactical / SwingReward/Risk 8.7 : 1
  1. Step 1 · EnterSell short near$8.93
  2. Step 2 · Take profitBuy back (cover) at$8.58−3.92%
  3. Step 3 · ProtectExit if price rises above$8.97+0.45%
PlanShort UTES:CA near $8.93 · Target $8.58 · Stop $8.97
Order LevelPriceDistance from Trigger
Stop Loss (exit if above)$8.97+0.45%
Trigger (short below)$8.93—
Target (cover at)$8.58−3.92%
Objective: Portfolio Downside HedgeHorizon: Tactical / SwingStatus: Active Conditional OrderReward/Risk: 8.7 : 1
Entry$8.93
Target$8.58
Stop Loss$8.97

Multi-Timeframe Signal AnalysisNEUTRAL BIAS

TIME HORIZONSIGNAL STRENGTH
Near-termWeak
Mid-termNeutral
Long-termNeutral

Check the time stamp on this data. Updated Proprietary Signals for Evolve Canadian Utilities Enhanced Yield Index Fund (UTES:CA) available here (UTES:CA stock signals).

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