EVOLUS INC (EOLS) Stock Technical Analysis
NASDAQ:EOLS - Nasdaq - US30052C1071 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EOLS. EOLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than EOLS.
EOLS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
EOLS has an average volume of 1121430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EOLS is an average performer in the Pharmaceuticals industry, it outperforms 47% of 195 stocks in the same industry.
In the last month EOLS has a been trading in the 8.75 - 10.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EOLS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.47, a Stop Loss order could be placed below this zone.
More info and screens
9.09
12.61
When analyzing the support we can see 2 important areas.
- Support @9.47 from a horizontal line in the daily time frame.
- A support zone ranging from 9.18 to 9.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.03 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.25 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.49 from a trend line in the weekly 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 EOLS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EOLS is neutral. |
| ChartMill Relative Strength | 17.57 | NEGATIVE | EOLS has a low relative strength, it was outperformed by 82.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EOLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EOLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EOLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.16 | NEUTRAL | The RSI value for EOLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests EOLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.09 | NEUTRAL | The Stochastics value for EOLS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for EOLS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.26 | NEGATIVE | The low ADX value for EOLS suggests a weak or negative 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)
9.96
+0.03 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.3%
1 Week3.21%
2 Weeks-0.1%
1 Month2.68%
3 Month-23.56%
6 Month-8.54%
12 Month-5.59%
2 Year37%
3 Year-14.14%
5 Year87.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%4.89%
ATR Inc-37.56%
Range Today0.26
ADR(20)0.46
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.57
Mansfield-2.63
10 Day High10.62
10 Day Low9.37
20 Day High10.62
20 Day Low8.75
52 Week High17.82
52 Week Low8.67
CS1 End9.47
CR1 Start10.03
Volume & EV
DER(3)2.18%
DER(5)2.79%
Volume895.20K
Volume Incr-5.72%
Vol(5)1.09M
Vol(50)1.12M