AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
NASDAQ:AEVA - Nasdaq - US00835Q2021 - Common Stock - Currency: USD
Overall AEVA gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month AEVA has a been trading in the 21.48 - 38.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that AEVA is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, AEVA also shows a nice and consistent pattern of rising prices.
AEVA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. AEVA outperforms 97% of them.
AEVA has an average volume of 2893470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
AEVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AEVA is lagging the market.
Although AEVA has an excellent technical rating, it does not offer a high 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.
More info and screens
21.28
30.39
When analyzing the resistance we notice one important area.
- Resistance @30.09 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AEVA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEVA is down. |
| ChartMill Relative Strength | 99.33 | POSITIVE | AEVA has a high relative strength, it outperformed 99.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AEVA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AEVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.92 | NEUTRAL | The RSI value for AEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.29 | NEGATIVE | The MACD value suggests AEVA has a negative trend. |
| Stochastics (14,3) | 4.35 | OVERSOLD | The low Stochastics value suggests AEVA may be oversold. |
| Average True Range in percent/ATR (20) | 17.05 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.9 | NEUTRAL | The ADX value for AEVA suggests a possible start of a new trend. |
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)
21.49
-2.08 (-8.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-8.82%
1 Week-33.32%
2 Weeks-17.66%
1 Month-35.97%
3 Month193.58%
6 Month398.61%
12 Month487.16%
2 Year243.84%
3 Year21.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.09
ATR(20)%17.05%
ATR Inc-45.38%
Range Today2.09
ADR(20)3.52
ADR(20)%16.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.33
Mansfield12.93
10 Day High33.24
10 Day Low21.48
20 Day High38.8
20 Day Low21.48
52 Week High38.8
52 Week Low2.36
CS1 EndN/A
CR1 Start30.09
Volume & EV
DER(3)-5.73%
DER(5)-6.32%
Volume2.79M
Volume Incr-29.08%
Vol(5)2.54M
Vol(50)2.89M