(EVE.T) Technical Analysis
NYSE:EVE.T
Current stock price
EVE.T Technical Rating and Analysis
Taking everything into account, EVE.T scores 1 out of 10 in our technical rating. EVE.T has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- EVE.T is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVE.T is lagging the market.
- Warning: EVE.T has an average volume of 8620 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, EVE.T did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month EVE.T has a been trading in the 0.31 - 0.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
EVE.T Weekly and Daily overview Charts
EVE.T Setup Rating and Analysis
EVE.T 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 resistance zone just above the current price starting at 0.39. Right above this resistance zone may be a good entry point.
More info and screens
EVE.T Support and Resistance Analysis
0.35
When analyzing the support we can see 2 important areas.
- Support @0.37 from a trend line in the weekly time frame.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.59 from a trend line in the weekly time frame.
- Resistance @0.60 from a horizontal line in the weekly time frame.
EVE.T 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 | DOWN | NEGATIVE | The long term trend for EVE.T is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVE.T is down. |
| ChartMill Relative Strength | 72.17 | POSITIVE | EVE.T has a high relative strength, it outperformed 72.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVE.T is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVE.T is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EVE.T is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.86 | NEUTRAL | The RSI value for EVE.T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EVE.T has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.03 | NEUTRAL | The Stochastics value for EVE.T is a neutral value. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for EVE.T suggests high volalility. |
| Average Directional Index/ADX (14) | 25.59 | POSITIVE | The high ADX value value for EVE.T suggests a strong trend. |
EVE.T Chart- and CandleStick Pattern Analysis
EVE.T Technicals: Chart, Performance Metrics, Trend & Indicators
/ EVE.T TA FAQ
Can you provide the ChartMill technical rating for ?
ChartMill assigns a technical rating of 1 / 10 to EVE.T.
What is the trend direction for EVE.T stock?
The current trend direction for (EVE.T) is Bearish.
What is the RSI signal for EVE.T stock?
(EVE.T) has an RSI value of 44.8618. This indicates that the stock is currently neutral.
What is the buy/sell signal for EVE.T stock?
The buy/sell signal for (EVE.T) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ?
(EVE.T) has a support level at 0.37 and a resistance level at 0.39. Check the full technical report for our detailed analysis of EVE.T support and resistance levels.