EVE HOLDING INC (EVEX) Technical Analysis
NYSE:EVEX • US29970N1046
Current stock price
EVEX Technical Rating and Analysis
Overall EVEX gets a technical rating of 0 out of 10. EVEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than EVEX.
- EVEX is one of the lesser performing stocks in the Aerospace & Defense industry. 81% of 80 stocks in the same industry do better.
- EVEX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EVEX is lagging the market.
- In the last month EVEX has a been trading in the 2.34 - 3.14 range, which is quite wide. It is currently trading near the lows of this range.
- EVEX has an average volume of 1245730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EVEX Weekly and Daily overview Charts
EVEX Setup Rating and Analysis
Although the technical rating is bad, EVEX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EVEX 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
EVEX Support and Resistance Analysis
2.35
We found 1 important support area.
- A support zone ranging from 2.37 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.65 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.53 from a trend line in the daily time frame.
- Resistance @3.70 from a trend line in the daily time frame.
EVEX 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 EVEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVEX is down. |
| ChartMill Relative Strength | 10.56 | NEGATIVE | EVEX has a low relative strength, it was outperformed by 89.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EVEX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.67 | NEUTRAL | The RSI value for EVEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EVEX has a positive trend. |
| Stochastics (14,3) | 38.97 | NEUTRAL | The Stochastics value for EVEX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for EVEX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.32 | POSITIVE | The high ADX value value for EVEX suggests a strong trend. |
EVEX Chart- and CandleStick Pattern Analysis
EVEX Technicals: Chart, Performance Metrics, Trend & Indicators
2.64
+0.09 (+3.53%)
EVE HOLDING INC / EVEX TA FAQ
What is the technical rating for EVEX stock?
ChartMill assigns a technical rating of 0 / 10 to EVEX.
What is the trend direction for EVEX stock?
The current trend direction for EVE HOLDING INC (EVEX) is Bearish.
What is the RSI signal for EVEX stock?
EVE HOLDING INC (EVEX) has an RSI value of 44.6741. This indicates that the stock is currently neutral.
What is the MACD signal for EVEX stock?
The MACD indicator for EVE HOLDING INC (EVEX) has a value of 0.0358008, indicating a bearish trend.
Can you provide the buy/sell signal for EVE HOLDING INC?
The buy/sell signal for EVE HOLDING INC (EVEX) is sell as both the short term and long term trends are negative.