EVANS BANCORP INC (EVBN) Technical Analysis
NYSEARCA:EVBN • US29911Q2084
Current stock price
EVBN Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to EVBN. In the past year, EVBN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
- Warning: EVBN has an average volume of 23536 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that EVBN is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, EVBN also shows a nice and consistent pattern of rising prices.
- EVBN is one of the better performing stocks in the Banks industry, it outperforms 99% of 380 stocks in the same industry.
- In the last month EVBN has a been trading in the 33.80 - 39.68 range, which is quite wide. It is currently trading near the high of this range.
- EVBN 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 EVBN is lagging the market slightly.
EVBN Weekly and Daily overview Charts
EVBN Setup Rating and Analysis
Although EVBN has an excellent technical rating, it does not offer a high quality setup 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
EVBN Support and Resistance Analysis
34.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 38.30 to 39.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.83 to 35.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.37 to 42.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 44.62 to 45.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.90 from a horizontal line in the daily time frame.
EVBN 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 | NEUTRAL | NEUTRAL | The long term trend for EVBN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVBN is up. |
| ChartMill Relative Strength | 91.74 | POSITIVE | EVBN has a high relative strength, it outperformed 91.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EVBN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EVBN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.06 | NEUTRAL | The RSI value for EVBN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests EVBN has a positive trend. |
| Stochastics (14,3) | 89.05 | OVERBOUGHT | The high Stochastics value suggests EVBN may be overbought. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for EVBN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for EVBN suggests a possible start of a new trend. |
EVBN Chart- and CandleStick Pattern Analysis
EVBN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:EVBN (5/2/2025, 8:04:00 PM)
39.53
+0.93 (+2.41%)
EVANS BANCORP INC / EVBN TA FAQ
What is the ChartMill technical rating of EVANS BANCORP INC (EVBN) stock?
ChartMill assigns a technical rating of 7 / 10 to EVBN.
What is the current trend direction of EVANS BANCORP INC (EVBN) stock?
The current trend direction for EVANS BANCORP INC (EVBN) is Bearish.
What is the RSI signal for EVBN stock?
EVANS BANCORP INC (EVBN) has an RSI value of 61.0591. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVANS BANCORP INC?
The short term momentum for EVANS BANCORP INC (EVBN) is positive.
Can you provide the support and resistance levels for EVANS BANCORP INC?
EVANS BANCORP INC (EVBN) has a support level at 39.08 and a resistance level at 42.37. Check the full technical report for our detailed analysis of EVBN support and resistance levels.