AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
USA - NASDAQ:AEVA - US00835Q2021 - Common Stock
We assign a technical rating of 4 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.
AEVA has an average technical rating and it also 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.
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12.96
We found 1 important support area.
- Support @13.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.09 to 16.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 97.28 | POSITIVE | AEVA has a high relative strength, it outperformed 97.28% 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 | MIXED | The current price of AEVA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.75 | NEUTRAL | The RSI value for AEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests AEVA has a negative trend. |
| Stochastics (14,3) | 8.59 | OVERSOLD | The low Stochastics value suggests AEVA may be oversold. |
| Average True Range in percent/ATR (20) | 12.55 | HIGH VOLATILITY | The high ATR as a percentage value for AEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for AEVA suggests a possible start of a new trend. |
13.8
-1.62 (-10.51%)
AEVA TECHNOLOGIES INC / AEVA FAQ
Can you provide the ChartMill technical rating for AEVA TECHNOLOGIES INC?
ChartMill assigns a technical rating of 4 / 10 to AEVA.
What is the current trend direction of AEVA TECHNOLOGIES INC (AEVA) stock?
The current trend direction for AEVA TECHNOLOGIES INC (AEVA) is Bearish.
Can you provide the RSI signal for AEVA TECHNOLOGIES INC?
AEVA TECHNOLOGIES INC (AEVA) has an RSI value of 38.7498. This indicates that the stock is currently neutral.
What are the support and resistance levels for AEVA TECHNOLOGIES INC (AEVA) stock?
AEVA TECHNOLOGIES INC (AEVA) has a support level at 13.09 and a resistance level at 16.09. Check the full technical report for our detailed analysis of AEVA support and resistance levels.