EVOGENE LTD (EVGN) Technical Analysis
NASDAQ:EVGN • IL0011050551
Current stock price
EVGN Technical Rating and Analysis
Overall EVGN gets a technical rating of 0 out of 10. EVGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than EVGN.
- EVGN is one of the lesser performing stocks in the Biotechnology industry. 67% of 517 stocks in the same industry do better.
- EVGN 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 EVGN is lagging the market.
- In the last month EVGN has a been trading in the 0.73 - 0.97 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.
EVGN Weekly and Daily overview Charts
EVGN Setup Rating and Analysis
EVGN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.91. Right above this resistance zone may be a good entry point.
More info and screens
EVGN Support and Resistance Analysis
0.81
We can see 4 important resistance areas.
- A resistance zone ranging from 0.91 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.03 from a trend line in the weekly time frame.
- Resistance @1.49 from a horizontal line in the daily time frame.
EVGN 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 EVGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVGN is neutral. |
| ChartMill Relative Strength | 12.66 | NEGATIVE | EVGN has a low relative strength, it was outperformed by 87.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVGN is below a declining 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) | 44.3 | NEUTRAL | The RSI value for EVGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EVGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.15 | NEUTRAL | The Stochastics value for EVGN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for EVGN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for EVGN suggests a weak or negative trend. |
EVGN Chart- and CandleStick Pattern Analysis
EVGN Technicals: Chart, Performance Metrics, Trend & Indicators
0.8185
0 (-0.18%)
EVOGENE LTD / EVGN TA FAQ
Can you provide the ChartMill technical rating for EVOGENE LTD?
ChartMill assigns a technical rating of 0 / 10 to EVGN.
Can you provide the trend direction for EVOGENE LTD?
The current trend direction for EVOGENE LTD (EVGN) is Bearish.
What is the RSI signal for EVOGENE LTD (EVGN) stock?
EVOGENE LTD (EVGN) has an RSI value of 44.2955. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVOGENE LTD?
The short term momentum for EVOGENE LTD (EVGN) is neutral.