DIREXION DAILY EL & AV BULL2 (EVAV) Stock Technical Analysis
USA - NYSEARCA:EVAV - US25460G1461 - ETF
31.701 USD
-2.17 (-6.4%)
We assign a technical rating of 10 out of 10 to EVAV. Both in the recent history as in the last year, EVAV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: EVAV has an average volume of 7078 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, EVAV did better than 90% of all other stocks.
EVAV 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 EVAV is lagging the market slightly.
In the last month EVAV has a been trading in the 25.87 - 35.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EVAV has an excellent technical rating, the quality of the presented setup is not ideal 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
26.52
34.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.69 to 31.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 33.96 to 34.32. 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 | UP | POSITIVE | The long term trend for EVAV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVAV is up. |
| ChartMill Relative Strength | 90.22 | POSITIVE | EVAV has a high relative strength, it outperformed 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVAV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVAV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVAV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.02 | NEUTRAL | The RSI value for EVAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests EVAV has a negative trend. |
| Stochastics (14,3) | 46.26 | NEUTRAL | The Stochastics value for EVAV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for EVAV suggests some volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for EVAV 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)
NYSEARCA:EVAV (10/9/2025, 4:11:55 PM)
31.701
-2.17 (-6.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.4%
1 Week-7.3%
2 Weeks-2.26%
1 Month21.33%
3 Month42.08%
6 Month129.14%
12 Month50.9%
2 Year-10.26%
3 Year-66.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%4.25%
ATR Inc65.56%
Range Today1.79
ADR(20)1.06
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.22
Mansfield2.74
10 Day High35
10 Day Low31.09
20 Day High35
20 Day Low25.87
52 Week High39.44
52 Week Low11.71
CS1 End31.69
CR1 Start33.96
Volume & EV
DER(3)-16.1%
DER(5)-10.01%
Volume8.77K
Volume Incr-11.94%
Vol(5)6.25K
Vol(50)7.08K