AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
NASDAQ:AEVA - Nasdaq - US00835Q2021 - Common Stock - Currency: USD
Taking everything into account, AEVA scores 2 out of 10 in our technical rating. Although AEVA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
AEVA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month AEVA has a been trading in the 12.28 - 32.79 range, which is quite wide. It is currently trading near the lows of this range.
AEVA is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. AEVA outperforms 94% of them.
AEVA has an average volume of 2898130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, AEVA did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
AEVA 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
12.29
24.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.00 to 13.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.69 to 13.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.68 to 23.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for AEVA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEVA is down. |
| ChartMill Relative Strength | 98.44 | POSITIVE | AEVA has a high relative strength, it outperformed 98.44% 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) | DOWN | NEGATIVE | The current price of AEVA is below a declining 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) | 30.65 | NEUTRAL | The RSI value for AEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests AEVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.95 | OVERSOLD | The low Stochastics value suggests AEVA may be oversold. |
| Average True Range in percent/ATR (20) | 15.6 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for AEVA suggests a strong 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)
13.1
-0.18 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.36%
1 Week-0.61%
2 Weeks-17.32%
1 Month-59.35%
3 Month-28.96%
6 Month209.69%
12 Month372.92%
2 Year177.96%
3 Year-14.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.79
ATR(20)%15.6%
ATR Inc-39.05%
Range Today0.5
ADR(20)1.97
ADR(20)%15.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.44
Mansfield2.99
10 Day High16.74
10 Day Low12.28
20 Day High32.79
20 Day Low12.28
52 Week High38.8
52 Week Low2.36
CS1 End13.09
CR1 Start13.69
Volume & EV
DER(3)1.24%
DER(5)2.28%
Volume1.98M
Volume Incr-7.44%
Vol(5)2.57M
Vol(50)2.90M