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: 90% of all stocks are doing better.
EOLS is one of the lesser performing stocks in the Pharmaceuticals industry. 66% of 193 stocks in the same industry do better.
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.
EOLS has an average volume of 1049600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EOLS has a been trading in the 9.00 - 9.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EOLS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.19, a Stop Loss order could be placed below this zone.
More info and screens
9.00
12.11
We found 1 important support area.
- A support zone ranging from 9.09 to 9.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.33 to 9.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.92 to 10.05. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @10.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.89 to 11.99. This zone is formed by a combination of multiple trend lines 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 | 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 | 10.04 | NEGATIVE | EOLS has a low relative strength, it was outperformed by 89.96% 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) | 43.81 | NEUTRAL | The RSI value for EOLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EOLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.96 | NEUTRAL | The Stochastics value for EOLS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for EOLS suggests some volalility. |
| Average Directional Index/ADX (14) | 11.55 | 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)
9.2
-0.14 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.5%
1 Week-2.95%
2 Weeks-0.76%
1 Month-1.08%
3 Month-14.74%
6 Month-12.46%
12 Month-23.08%
2 Year-8.18%
3 Year-25.39%
5 Year182.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.76%
ATR Inc-17.09%
Range Today0.35
ADR(20)0.34
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.04
Mansfield-3.32
10 Day High9.95
10 Day Low9.1
20 Day High9.95
20 Day Low9
52 Week High17.82
52 Week Low8.67
CS1 End9.19
CR1 Start9.33
Volume & EV
DER(3)-0.19%
DER(5)1.42%
Volume880.97K
Volume Incr-10.23%
Vol(5)806.53K
Vol(50)1.05M