(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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: EVE.T has an average volume of 9122 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the performance of all stocks over the past year, EVE.T turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- In the last month EVE.T has a been trading in the 0.27 - 0.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EVE.T Weekly and Daily overview Charts
EVE.T Setup Rating and Analysis
Although the technical rating is bad, EVE.T does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.37. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for EVE.T in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
EVE.T Support and Resistance Analysis
0.33
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.41 from a horizontal line in the daily time frame.
- Resistance @0.45 from a horizontal line in the daily time frame.
- Resistance @0.58 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 | 50.07 | NEUTRAL | EVE.T is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of EVE.T is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.95 | NEUTRAL | The RSI value for EVE.T is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVE.T has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.83 | NEUTRAL | The Stochastics value for EVE.T is a neutral value. |
| Average True Range in percent/ATR (20) | 11.54 | HIGH VOLATILITY | The high ATR as a percentage value for EVE.T suggests high volalility. |
| Average Directional Index/ADX (14) | 42.21 | 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 43.9462. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ?
The short term momentum for (EVE.T) is negative.
Can you provide the buy/sell signal for ?
The buy/sell signal for (EVE.T) is sell as both the short term and long term trends are negative.