We assign a technical rating of 9 out of 10 to AEVA. AEVA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although AEVA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
9.86
4 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for AEVA is up. |
| ChartMill Relative Strength | 98.95 | POSITIVE | AEVA has a high relative strength, it outperformed 98.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AEVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AEVA is above 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) | 70.59 | OVERBOUGHT | The high RSI value suggests AEVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests AEVA has a positive trend. |
| Stochastics (14,3) | 79.3 | NEUTRAL | The Stochastics value for AEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for AEVA suggests a possible start of a new trend. |
19.87
+2.98 (+17.64%)
ChartMill assigns a technical rating of 9 / 10 to AEVA.
The current trend direction for AEVA TECHNOLOGIES INC (AEVA) is Bearish.
AEVA TECHNOLOGIES INC (AEVA) has an RSI value of 70.5925. This indicates that the stock is currently overbought.
The MACD indicator for AEVA TECHNOLOGIES INC (AEVA) has a value of 0.563605, indicating a bearish trend.
AEVA TECHNOLOGIES INC (AEVA) has a support level at 14.98. Check the full technical report for our detailed analysis of AEVA support and resistance levels.