EVAXION A/S (EVAX) Stock Technical Analysis
NASDAQ:EVAX - Nasdaq - US29970R3030 - ADR - Currency: USD
Taking everything into account, EVAX scores 5 out of 10 in our technical rating. EVAX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
EVAX 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.
When comparing the performance of all stocks over the past year, EVAX turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
EVAX is part of the Biotechnology industry. There are 551 other stocks in this industry, EVAX did better than 62% of them.
In the last month EVAX has a been trading in the 2.45 - 3.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
EVAX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.57
3.17
When analyzing the support we can see 3 important areas.
- Support @2.91 from a trend line in the daily time frame.
- A support zone ranging from 2.67 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.60 to 2.62. 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.
- A resistance zone ranging from 3.14 to 3.14. 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 EVAX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVAX is neutral. |
| ChartMill Relative Strength | 54.19 | NEUTRAL | EVAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.18 | NEUTRAL | The RSI value for EVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for EVAX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for EVAX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.97 | POSITIVE | The high ADX value value for EVAX 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)
NASDAQ:EVAX (8/7/2025, 1:12:35 PM)
2.95
+0.12 (+4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.24%
1 Week2.17%
2 Weeks5.6%
1 Month11.42%
3 Month89.93%
6 Month9.69%
12 Month-77.84%
2 Year-93.18%
3 Year-97.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.06%
ATR Inc-13.32%
Range Today0.18
ADR(20)0.19
ADR(20)%6.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.19
Mansfield-5.72
10 Day High3.09
10 Day Low2.45
20 Day High3.09
20 Day Low2.45
52 Week High17.75
52 Week Low1.2
CS1 End2.69
CR1 Start2.91
Volume & EV
DER(3)-4.03%
DER(5)-5.88%
Volume81.12K
Volume Incr-52.26%
Vol(5)57.32K
Vol(50)129.65K