EVANS BANCORP INC (EVBN) Stock Technical Analysis
NYSEARCA:EVBN - NYSE Arca - US29911Q2084 - Common Stock - Currency: USD
Taking everything into account, EVBN scores 7 out of 10 in our technical rating. Although EVBN has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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.
Looking at the yearly performance, EVBN did better than 91% of all other stocks. We also observe that the gains produced by EVBN over the past year are nicely spread over this period.
EVBN is part of the Banks industry. There are 395 other stocks in this industry. EVBN outperforms 96% of them.
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 currently trading near new highs, so EVBN is lagging the market.
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
34.48
46.36
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.
3 important resistance areas can be observed.
- 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.
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. |
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:EVBN (5/2/2025, 8:04:00 PM)
39.53
+0.93 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.41%
1 Week2.14%
2 Weeks9.5%
1 Month10.36%
3 Month-8.83%
6 Month-0.03%
12 Month54.72%
2 Year66.58%
3 Year5.3%
5 Year61.74%
10 Year63.01%
15 Year224.82%
Volatility
ATR(14)0.89
ATR(20)%3.15%
ATR Inc1.84%
Range Today0.58
ADR(20)1.14
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.74
Mansfield0.62
10 Day High39.68
10 Day Low35.34
20 Day High39.68
20 Day Low33.81
52 Week High46.21
52 Week Low25.06
CS1 End39.08
CR1 Start42.37
Volume & EV
DER(3)1.73%
DER(5)1.71%
Volume34.40K
Volume Incr-8.12%
Vol(5)18.44K
Vol(50)23.54K