DIREXION DAILY EL & AV BULL2 (EVAV) Technical Analysis
NYSEARCA:EVAV • US25460G1461
Current stock price
EVAV Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to EVAV. In the last year, EVAV was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month EVAV has a been trading in the 27.05 - 35.00 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: EVAV has an average volume of 6332 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, EVAV did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- EVAV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVAV is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
EVAV Weekly and Daily overview Charts
EVAV Setup Rating and Analysis
EVAV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 27.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EVAV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
EVAV Support and Resistance Analysis
27.43
We found 1 important support area.
- A support zone ranging from 27.71 to 27.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @33.59 from a trend line in the weekly time frame.
EVAV Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for EVAV is down. |
| ChartMill Relative Strength | 81.9 | POSITIVE | EVAV has a high relative strength, it outperformed 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVAV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EVAV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EVAV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.4 | NEUTRAL | The RSI value for EVAV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests EVAV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.34 | OVERSOLD | The low Stochastics value suggests EVAV may be oversold. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for EVAV suggests high volalility. |
| Average Directional Index/ADX (14) | 26.35 | POSITIVE | The high ADX value value for EVAV suggests a strong trend. |
EVAV Chart- and CandleStick Pattern Analysis
EVAV Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.52 | 27.70 | 1.82 (6.16%) | 16.23% |
| An entry @29.52. This is a Buy Stop order right above the 10 day moving average. | An exit @27.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.82 points, which is 6.16%. | When investing 16.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of EVAV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EVAV Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:EVAV (10/23/2025, 8:04:00 PM)
28.624
+0.9 (+3.26%)
DIREXION DAILY EL & AV BULL2 / EVAV TA FAQ
What is the ChartMill technical rating of DIREXION DAILY EL & AV BULL2 (EVAV) stock?
ChartMill assigns a technical rating of 6 / 10 to EVAV.
What is the current trend direction of DIREXION DAILY EL & AV BULL2 (EVAV) stock?
The current trend direction for DIREXION DAILY EL & AV BULL2 (EVAV) is Bullish.
What is the RSI signal for EVAV stock?
DIREXION DAILY EL & AV BULL2 (EVAV) has an RSI value of 45.4038. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIREXION DAILY EL & AV BULL2?
The MACD indicator for DIREXION DAILY EL & AV BULL2 (EVAV) has a value of -0.597261, indicating a bearish trend.
What is the buy/sell signal for EVAV stock?
The buy/sell signal for DIREXION DAILY EL & AV BULL2 (EVAV) is hold as the short term and long term trends are mixed.