EVOGENE LTD (EVGN) Stock Technical Analysis
NASDAQ:EVGN - Nasdaq - IL0011050551 - Common Stock - Currency: USD
Overall EVGN gets a technical rating of 4 out of 10. 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.
91% of all other stocks performed better in the past year than EVGN.
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.
EVGN has an average volume of 2656730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EVGN is part of the Biotechnology industry. There are 557 other stocks in this industry, EVGN did better than 41% of them.
In the last month EVGN has a been trading in the 1.06 - 2.42 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 has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.14
2.25
We found 1 important support area.
- Support @1.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.23 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 | UP | POSITIVE | The short term trend for EVGN is up. |
| ChartMill Relative Strength | 9.08 | NEGATIVE | EVGN has a low relative strength, it was outperformed by 90.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVGN is above 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) | 57.15 | NEUTRAL | The RSI value for EVGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests EVGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.52 | NEUTRAL | The Stochastics value for EVGN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.37 | HIGH VOLATILITY | The high ATR as a percentage value for EVGN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.04 | POSITIVE | The high ADX value value for EVGN suggests a strong 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)
1.58
+0.01 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.64%
1 Week-12.71%
2 Weeks42.34%
1 Month24.41%
3 Month14.49%
6 Month17.04%
12 Month-75.04%
2 Year-85.23%
3 Year-79.48%
5 Year-84.2%
10 Year-98.21%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%11.37%
ATR Inc-36.65%
Range Today0.1
ADR(20)0.12
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.08
Mansfield-3.57
10 Day High2.42
10 Day Low1.07
20 Day High2.42
20 Day Low1.06
52 Week High7.19
52 Week Low0.95
CS1 End1.15
CR1 Start2.23
Volume & EV
DER(3)6.45%
DER(5)1.37%
Volume190.50K
Volume Incr-87.67%
Vol(5)660.26K
Vol(50)2.66M