EVOLUS INC (EOLS) Stock Technical Analysis
NASDAQ:EOLS - Nasdaq - US30052C1071 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to EOLS. EOLS's overall performance in the market is below average. Also 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.
When comparing the yearly performance of all stocks, EOLS is a bad performer in the overall market: 97% of all stocks are doing better.
EOLS is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 83% are performing better than EOLS.
EOLS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EOLS has a been trading in the 5.85 - 10.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EOLS has an average volume of 1450880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of EOLS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.84
11.74
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.11 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.43 from a trend line in the daily time frame.
- Resistance @9.73 from a horizontal line in the daily time frame.
- Resistance @11.62 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 | DOWN | NEGATIVE | The short term trend for EOLS is down. |
| ChartMill Relative Strength | 3.41 | NEGATIVE | EOLS has a low relative strength, it was outperformed by 96.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EOLS is below a declining 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) | 15.63 | OVERSOLD | The low RSI value suggests EOLS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests EOLS has a negative trend. |
| Stochastics (14,3) | 6.05 | OVERSOLD | The low Stochastics value suggests EOLS may be oversold. |
| Average True Range in percent/ATR (20) | 9.12 | HIGH VOLATILITY | The high ATR as a percentage value for EOLS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for EOLS suggests a possible start of a new 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)
5.9
-0.17 (-2.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.8%
1 Week-35.52%
2 Weeks-38.09%
1 Month-37.76%
3 Month-39.8%
6 Month-55%
12 Month-54.48%
2 Year-40.34%
3 Year-38.61%
5 Year52.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%9.12%
ATR Inc-41.6%
Range Today0.22
ADR(20)0.43
ADR(20)%7.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.41
Mansfield-5.65
10 Day High9.58
10 Day Low5.85
20 Day High10.2
20 Day Low5.85
52 Week High17.82
52 Week Low5.85
CS1 EndN/A
CR1 Start9.11
Volume & EV
DER(3)0.62%
DER(5)3.27%
Volume2.72M
Volume Incr431.74%
Vol(5)5.18M
Vol(50)1.45M