Overall EVAX gets a technical rating of 4 out of 10. In the last year, EVAX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
EVAX has an average technical rating and it also does not offer a high 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
3.31
When analyzing the support we can see 2 important areas.
- Support @3.67 from a trend line in the daily time frame.
- Support @3.34 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.69 to 5.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for EVAX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVAX is neutral. |
| ChartMill Relative Strength | 87.4 | POSITIVE | EVAX has a high relative strength, it outperformed 87.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.63 | NEUTRAL | The RSI value for EVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EVAX has a negative trend. |
| Stochastics (14,3) | 28.05 | NEUTRAL | The Stochastics value for EVAX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.04 | HIGH VOLATILITY | The high ATR as a percentage value for EVAX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for EVAX suggests a weak or negative trend. |
4.7
-1.05 (-18.26%)
EVAXION A/S / EVAX FAQ
Can you provide the ChartMill technical rating for EVAXION A/S?
ChartMill assigns a technical rating of 4 / 10 to EVAX.
What is the current trend direction of EVAXION A/S (EVAX) stock?
The current trend direction for EVAXION A/S (EVAX) is Bullish.
Can you provide the RSI signal for EVAXION A/S?
EVAXION A/S (EVAX) has an RSI value of 38.6341. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVAXION A/S?
The MACD indicator for EVAXION A/S (EVAX) has a value of -0.0711517, indicating a bearish trend.
Can you provide the short term momentum for EVAXION A/S?
The short term momentum for EVAXION A/S (EVAX) is neutral.