EVC Technical Analysis - ENTRAVISION COMMUNICATIONS-A

Technical Rating and Analysis

Overall EVC gets a technical rating of 3 out of 10. In the last year, EVC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month EVC has a been trading in the 2.27 - 2.62 range, which is quite wide. It is currently trading near the lows of this range.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

When comparing the performance of all stocks over the past year, EVC turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.

EVC is an average performer in the Media industry, it outperforms 69% of 100 stocks in the same industry.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ENTRAVISION COMMUNICATIONS-A / EVC Weekly stock chart

ENTRAVISION COMMUNICATIONS-A / EVC Daily stock chart

Setup Rating and Analysis

EVC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.35, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.90

2.71

2 important support areas can be observed.

A support zone ranging from 2.35 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.92 from a trend line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 2.40 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @2.51 from a trend line in the weekly time frame.
Resistance @2.58 from a horizontal line in the daily time frame.
A resistance zone ranging from 2.67 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	UP	POSITIVE	The long term trend for EVC is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for EVC is down.
ChartMill Relative Strength	57.76	NEUTRAL	EVC is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of EVC is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of EVC is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of EVC is above a declining SMA(200).
Relative Strength Index/RSI (14)	43.33	NEUTRAL	The RSI value for EVC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests EVC has a negative trend.
Stochastics (14,3)	35.03	NEUTRAL	The Stochastics value for EVC is a neutral value.
Average True Range in percent/ATR (20)	3.72	MEDIUM VOLATILITY	The ATR as a percentage value for EVC suggests some volalility.
Average Directional Index/ADX (14)	10.84	NEGATIVE	The low ADX value for EVC suggests a weak or negative trend.