ENTRAVISION COMMUNICATIONS-A (EVC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EVC - US29382R1077 - Common Stock
We assign a technical rating of 8 out of 10 to EVC. Both in the recent history as in the last year, EVC has proven to be a steady performer, scoring decent points in every aspect analyzed.
EVC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.05, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.99
We found 6 important support areas.
- A support zone ranging from 2.99 to 3.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.92 from a horizontal line in the daily time frame.
- Support @2.58 from a horizontal line in the daily time frame.
- Support @2.09 from a trend line in the weekly time frame.
- Support @2.05 from a trend line in the daily time frame.
- Support @2.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.08 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.19 from a horizontal line in the weekly time frame.
- Resistance @3.25 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 | UP | POSITIVE | The short term trend for EVC is up. |
| ChartMill Relative Strength | 86.27 | POSITIVE | EVC has a high relative strength, it outperformed 86.27% off all stocks 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) | 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) | 56 | 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) | 54.52 | NEUTRAL | The Stochastics value for EVC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for EVC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for EVC suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 3.09 | 2.98 | 0.11 (3.56%) | 25.00% |
| An entry @3.09. This is a Buy Stop order right above the resistance zone. | An exit @2.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 3.56%. | For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
3.07
-0.01 (-0.32%)
ENTRAVISION COMMUNICATIONS-A / EVC FAQ
What is the technical rating for EVC stock?
ChartMill assigns a technical rating of 8 / 10 to EVC.
What is the current trend direction of ENTRAVISION COMMUNICATIONS-A (EVC) stock?
The current trend direction for ENTRAVISION COMMUNICATIONS-A (EVC) is Bullish.
Can you provide the RSI signal for ENTRAVISION COMMUNICATIONS-A?
ENTRAVISION COMMUNICATIONS-A (EVC) has an RSI value of 55.9967. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENTRAVISION COMMUNICATIONS-A?
The short term momentum for ENTRAVISION COMMUNICATIONS-A (EVC) is positive.
Can you provide the buy/sell signal for ENTRAVISION COMMUNICATIONS-A?
The buy/sell signal for ENTRAVISION COMMUNICATIONS-A (EVC) is buy as both the short term and long term trends are positive.