EVOGENE LTD (EVGN) Stock Technical Analysis
NASDAQ:EVGN - Nasdaq - IL0011050551 - Common Stock - Currency: USD
Taking everything into account, EVGN scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EVGN was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EVGN is a bad performer in the overall market: 95% of all stocks are doing better.
EVGN is part of the Biotechnology industry. There are 555 other stocks in this industry, of which 73% are performing better than EVGN.
EVGN 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 EVGN has a been trading in the 1.07 - 2.42 range, which is quite wide. It is currently trading near the lows of this range.
EVGN has an average volume of 2273520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
EVGN 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 very little resistance above the current price. There is a support zone below the current price at 1.29, a Stop Loss order could be placed below this zone.
More info and screens
1.18
2.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.26 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.19 to 1.20. 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 1.37 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.46 from a horizontal line in the weekly time frame.
- Resistance @2.18 from a trend 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 | DOWN | NEGATIVE | The long term trend for EVGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVGN is neutral. |
| ChartMill Relative Strength | 5.69 | NEGATIVE | EVGN has a low relative strength, it was outperformed by 94.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVGN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for EVGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EVGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.76 | OVERSOLD | The low Stochastics value suggests EVGN may be oversold. |
| Average True Range in percent/ATR (20) | 14.22 | HIGH VOLATILITY | The high ATR as a percentage value for EVGN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.99 | NEUTRAL | The ADX value for EVGN suggests a possible start of a new 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)
NASDAQ:EVGN (7/3/2025, 10:39:55 AM)
1.3374
-0.02 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.66%
1 Week0%
2 Weeks-13.38%
1 Month22.52%
3 Month14.29%
6 Month-28.42%
12 Month-78.62%
2 Year-87.29%
3 Year-83.41%
5 Year-86.93%
10 Year-98.46%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%14.22%
ATR Inc-49.67%
Range Today0.03
ADR(20)0.13
ADR(20)%10.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.69
Mansfield-4.15
10 Day High1.62
10 Day Low1.26
20 Day High2.42
20 Day Low1.07
52 Week High6.8
52 Week Low0.95
CS1 End1.29
CR1 Start1.46
Volume & EV
DER(3)-5.94%
DER(5)1.12%
Volume13.41K
Volume Incr-97.63%
Vol(5)130.82K
Vol(50)2.27M