AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
NASDAQ:AEVA - US00835Q2021 - Common Stock
13.95 USD
+0.71 (+5.36%)
13.8 USD
-0.15 (-1.08%)
We assign a technical rating of 3 out of 10 to AEVA. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month AEVA has a been trading in the 12.25 - 17.29 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 125 other stocks in this industry. AEVA outperforms 92% of them.
AEVA has an average volume of 3067640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AEVA is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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 the technical rating is bad, AEVA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
12.29
14.09
4 important support areas can be observed.
- Support @13.94 from a trend line in the daily time frame.
- Support @13.38 from a trend line in the daily time frame.
- Support @13.09 from a horizontal line in the weekly time frame.
- Support @12.41 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for AEVA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEVA is down. |
| ChartMill Relative Strength | 98.83 | POSITIVE | AEVA has a high relative strength, it outperformed 98.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AEVA is below the rising 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) | 41.77 | NEUTRAL | The RSI value for AEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests AEVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.8 | NEUTRAL | The Stochastics value for AEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.38 | 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)
13.95
+0.71 (+5.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg5.36%
1 Week-16.12%
2 Weeks0.36%
1 Month12.36%
3 Month-33.25%
6 Month345.69%
12 Month471.72%
2 Year264.75%
3 Year49.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%9.6%
ATR Inc-19.28%
Range Today1.22
ADR(20)1.3
ADR(20)%9.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.83
Mansfield2.93
10 Day High17.29
10 Day Low12.54
20 Day High17.29
20 Day Low12.25
52 Week High38.8
52 Week Low2.38
CS1 End13.94
CR1 StartN/A
Volume & EV
DER(3)1.26%
DER(5)0.87%
Volume2.30M
Volume Incr-11.67%
Vol(5)2.62M
Vol(50)3.07M