EVOGENE LTD (EVGN) Stock Technical Analysis
NASDAQ:EVGN - Nasdaq - IL0011050551 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to EVGN. In the past year, EVGN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
94% of all other stocks performed better in the past year than EVGN.
EVGN is part of the Biotechnology industry. There are 553 other stocks in this industry, of which 65% 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 1.24 - 1.50 range, which is quite wide. It is currently trading near the lows of this range.
EVGN has an average volume of 2270380 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.
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. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
More info and screens
1.23
2.19
When analyzing the support we notice one important area.
- A support zone ranging from 1.24 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.30 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.37 from a trend line in the weekly time frame.
- Resistance @1.46 from a horizontal line in the weekly time frame.
- Resistance @1.49 from a horizontal line in the daily time frame.
- Resistance @2.17 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 | 6.74 | NEGATIVE | EVGN has a low relative strength, it was outperformed by 93.26% 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 | MIXED | The current price of EVGN is below 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) | 48.24 | NEUTRAL | The RSI value for EVGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EVGN has a negative trend. |
| Stochastics (14,3) | 38.46 | NEUTRAL | The Stochastics value for EVGN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for EVGN suggests high volalility. |
| Average Directional Index/ADX (14) | 14.34 | NEGATIVE | The low ADX value for EVGN suggests a weak or negative 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 (7/28/2025, 12:36:23 PM)
1.2992
-0.01 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.82%
1 Week-0.76%
2 Weeks-4.38%
1 Month2.34%
3 Month18.02%
6 Month-21.08%
12 Month-74.51%
2 Year-87.76%
3 Year-84.02%
5 Year-87.41%
10 Year-98.52%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.96%
ATR Inc-22.59%
Range Today0.06
ADR(20)0.07
ADR(20)%5.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.74
Mansfield-3.68
10 Day High1.38
10 Day Low1.24
20 Day High1.5
20 Day Low1.24
52 Week High5.7
52 Week Low0.95
CS1 End1.3
CR1 Start1.37
Volume & EV
DER(3)-2.11%
DER(5)-4.44%
Volume76.91K
Volume Incr-46.07%
Vol(5)74.20K
Vol(50)2.27M