AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
NASDAQ:AEVA - Nasdaq - US00835Q2021 - Common Stock - Currency: USD
Overall AEVA gets a technical rating of 10 out of 10. 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!
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.
AEVA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. AEVA outperforms 100% of them.
AEVA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AEVA is lagging the market slightly.
AEVA has an average volume of 2560180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AEVA has a been trading in the 18.75 - 38.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although AEVA has an excellent technical rating, it does not present a decent entry opportunity 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
25.03
33.22
When analyzing the support we can see 2 important areas.
- Support @28.66 from a horizontal line in the daily time frame.
- Support @25.28 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 | 99.81 | POSITIVE | AEVA has a high relative strength, it outperformed 99.81% 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) | 63 | NEUTRAL | The RSI value for AEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests AEVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.37 | NEUTRAL | The Stochastics value for AEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.07 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 55.58 | 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)
32.89
+2.01 (+6.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg6.51%
1 Week-2%
2 Weeks19.12%
1 Month60.2%
3 Month400.61%
6 Month530.08%
12 Month1299.57%
2 Year426.24%
3 Year86.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.93
ATR(20)%10.07%
ATR Inc10.06%
Range Today3.44
ADR(20)3.16
ADR(20)%9.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.81
Mansfield31.67
10 Day High38.8
10 Day Low23.28
20 Day High38.8
20 Day Low18.75
52 Week High38.8
52 Week Low2.3
CS1 End28.66
CR1 StartN/A
Volume & EV
DER(3)0.83%
DER(5)0.4%
Volume2.36M
Volume Incr139.23%
Vol(5)5.19M
Vol(50)2.56M