EVOFEM BIOSCIENCES INC (EVFM) Technical Analysis
NASDAQ:EVFM • US30048L2034
Current stock price
EVFM Technical Rating and Analysis
Taking everything into account, EVFM scores 2 out of 10 in our technical rating. EVFM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EVFM is a bad performer in the overall market: 99% of all stocks are doing better.
- EVFM is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 86% are performing better than EVFM.
- EVFM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month EVFM has a been trading in the 0.43 - 1.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- EVFM has an average volume of 44125300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EVFM Weekly and Daily overview Charts
EVFM Setup Rating and Analysis
The technical rating of EVFM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EVFM Support and Resistance Analysis
0.47
We can see 2 important resistance areas.
- A resistance zone ranging from 0.75 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.78 from a trend line in the daily time frame.
EVFM 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 EVFM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVFM is down. |
| ChartMill Relative Strength | 1.14 | NEGATIVE | EVFM has a low relative strength, it was outperformed by 98.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVFM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EVFM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVFM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.97 | NEUTRAL | The RSI value for EVFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EVFM has a negative trend. |
| Stochastics (14,3) | 13.87 | OVERSOLD | The low Stochastics value suggests EVFM may be oversold. |
| Average True Range in percent/ATR (20) | 30.97 | HIGH VOLATILITY | The high ATR as a percentage value for EVFM suggests high volalility. |
EVFM Chart- and CandleStick Pattern Analysis
EVFM Technicals: Chart, Performance Metrics, Trend & Indicators
0.4782
-0.15 (-23.37%)
EVOFEM BIOSCIENCES INC / EVFM TA FAQ
Can you provide the ChartMill technical rating for EVOFEM BIOSCIENCES INC?
ChartMill assigns a technical rating of 2 / 10 to EVFM.
What is the trend direction for EVFM stock?
The current trend direction for EVOFEM BIOSCIENCES INC (EVFM) is Bearish.
Can you provide the RSI signal for EVOFEM BIOSCIENCES INC?
EVOFEM BIOSCIENCES INC (EVFM) has an RSI value of 34.9723. This indicates that the stock is currently neutral.
What is the MACD signal for EVFM stock?
The MACD indicator for EVOFEM BIOSCIENCES INC (EVFM) has a value of -0.0312649, indicating a bearish trend.
What is the short term momentum for EVFM stock?
The short term momentum for EVOFEM BIOSCIENCES INC (EVFM) is negative.