EVE HOLDING INC (EVEX) Stock Technical Analysis
USA - NYSE:EVEX - US29970N1046 - Common Stock
4.93 USD
+0.15 (+3.14%)
4.84 USD
-0.09 (-1.83%)
Overall EVEX gets a technical rating of 4 out of 10. EVEX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
EVEX is one of the lesser performing stocks in the Aerospace & Defense industry. 65% of 68 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EVEX has a been trading in the 3.60 - 5.11 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EVEX has an average volume of 1367550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EVEX outperforms 65% of them, which is more or less in line with the market.
EVEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVEX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EVEX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.69
5.12
When analyzing the support we can see 2 important areas.
- Support @3.93 from a trend line in the daily time frame.
- A support zone ranging from 3.73 to 3.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.94 to 4.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.07 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 | NEUTRAL | NEUTRAL | The long term trend for EVEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVEX is up. |
| ChartMill Relative Strength | 65.08 | NEUTRAL | EVEX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EVEX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.4 | NEUTRAL | The RSI value for EVEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests EVEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.15 | NEUTRAL | The Stochastics value for EVEX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for EVEX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.46 | POSITIVE | The high ADX value value for EVEX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
4.93
+0.15 (+3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg3.14%
1 Week14.92%
2 Weeks24.18%
1 Month26.74%
3 Month-30.07%
6 Month36.57%
12 Month48.05%
2 Year-34.27%
3 Year-53.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.11%
ATR Inc-13.36%
Range Today0.25
ADR(20)0.24
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.08
Mansfield-0.28
10 Day High5.11
10 Day Low3.76
20 Day High5.11
20 Day Low3.61
52 Week High7.7
52 Week Low2.61
CS1 End3.93
CR1 Start4.94
Volume & EV
DER(3)1.42%
DER(5)3.22%
Volume1.51M
Volume Incr55.54%
Vol(5)2.25M
Vol(50)1.37M