AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
NASDAQ:AEVA - Nasdaq - US00835Q2021 - Common Stock - Currency: USD
Taking everything into account, AEVA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AEVA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
AEVA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. AEVA outperforms 99% of them.
A new 52 week high is currently being made by AEVA, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so AEVA is leading the market.
In the last month AEVA has a been trading in the 13.74 - 24.24 range, which is quite wide. It is currently trading near the high of this range.
AEVA has an average volume of 1902400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AEVA did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
20.11
23.29
When analyzing the support we notice one important area.
- Support @20.31 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 | UP | POSITIVE | The short term trend for AEVA is up. |
| ChartMill Relative Strength | 99.83 | POSITIVE | AEVA has a high relative strength, it outperformed 99.83% 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) | 73.11 | OVERBOUGHT | The high RSI value suggests AEVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests AEVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.19 | OVERBOUGHT | The high Stochastics value suggests AEVA may be overbought. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 62.42 | 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)
23.06
-0.61 (-2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.58%
1 Week10.33%
2 Weeks26.22%
1 Month35.41%
3 Month747.79%
6 Month431.34%
12 Month735.51%
2 Year268.96%
3 Year47.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%8.12%
ATR Inc17.42%
Range Today1.85
ADR(20)1.83
ADR(20)%7.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.83
Mansfield28.94
10 Day High24.24
10 Day Low16.6
20 Day High24.24
20 Day Low13.74
52 Week High24.24
52 Week Low2.2
CS1 End20.31
CR1 StartN/A
Volume & EV
DER(3)-1.89%
DER(5)0.96%
Volume1.58M
Volume Incr-35.89%
Vol(5)1.72M
Vol(50)1.90M