We assign a technical rating of 0 out of 10 to EVGN. 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.
Although the technical rating is bad, EVGN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
1.04
4 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for EVGN is down. |
| ChartMill Relative Strength | 16.53 | NEGATIVE | EVGN has a low relative strength, it was outperformed by 83.47% 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) | 38.87 | NEUTRAL | The RSI value for EVGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.9 | OVERSOLD | The low Stochastics value suggests EVGN may be oversold. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for EVGN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for EVGN suggests a weak or negative trend. |
1.055
+0.02 (+2.43%)
ChartMill assigns a technical rating of 0 / 10 to EVGN.
The current trend direction for EVOGENE LTD (EVGN) is Bearish.
EVOGENE LTD (EVGN) has an RSI value of 38.8676. This indicates that the stock is currently neutral.
The MACD indicator for EVOGENE LTD (EVGN) has a value of -0.0121107, indicating a bearish trend.
The buy/sell signal for EVOGENE LTD (EVGN) is sell as both the short term and long term trends are negative.