ENTRAVISION COMMUNICATIONS-A (EVC) Stock Technical Analysis
NYSE:EVC - New York Stock Exchange, Inc. - US29382R1077 - Common Stock - Currency: USD
Overall EVC gets a technical rating of 7 out of 10. Although EVC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month EVC has a been trading in the 2.27 - 2.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EVC is one of the better performing stocks in the Media industry, it outperforms 72% of 97 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that EVC is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
EVC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVC is lagging the market.
Besides having an excellent technical rating, EVC also presents 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
1.81
2.41
We found 5 important support areas.
- A support zone ranging from 2.34 to 2.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.30 from a horizontal line in the daily time frame.
- Support @1.96 from a trend line in the daily time frame.
- Support @1.86 from a trend line in the weekly time frame.
- Support @1.83 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 | UP | POSITIVE | The long term trend for EVC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVC is neutral. |
| ChartMill Relative Strength | 77.31 | POSITIVE | EVC has a high relative strength, it outperformed 77.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for EVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EVC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.24 | NEUTRAL | The Stochastics value for EVC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for EVC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.73 | POSITIVE | The high ADX value value for EVC 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)
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 |
|---|---|---|---|
| 2.41 | 2.33 | 0.08 (3.44%) | 25.00% |
| An entry @2.41. This is a Buy Stop order right above the 10 day moving average. | An exit @2.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 3.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- The distance between exit and entry is rather small compared to the average daily movement of EVC. 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.
2.39
+0.05 (+2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.14%
1 Week1.7%
2 Weeks-4.4%
1 Month0.84%
3 Month29.89%
6 Month4.37%
12 Month7.66%
2 Year-50%
3 Year-55.41%
5 Year81.06%
10 Year-68.84%
15 Year10.65%
Volatility
ATR(14)0.1
ATR(20)%4.01%
ATR Inc-3.21%
Range Today0.08
ADR(20)0.09
ADR(20)%3.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.31
Mansfield0.08
10 Day High2.54
10 Day Low2.27
20 Day High2.6
20 Day Low2.27
52 Week High2.73
52 Week Low1.58
CS1 End2.35
CR1 StartN/A
Volume & EV
DER(3)0.26%
DER(5)-2%
Volume140.20K
Volume Incr-31.11%
Vol(5)178.92K
Vol(50)264.74K