EVGO INC (EVGO) Technical Analysis
NASDAQ:EVGO • US30052F1003
Current stock price
1.94 USD
-0.06 (-3%)
At close:
1.96 USD
+0.02 (+1.03%)
After Hours:
EVGO Technical Rating and Analysis
Overall EVGO gets a technical rating of 0 out of 10. EVGO 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.
- 90% of all other stocks performed better in the past year than EVGO.
- EVGO is part of the Specialty Retail industry. There are 124 other stocks in this industry, of which 78% are performing better than EVGO.
- EVGO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month EVGO has a been trading in the 1.64 - 2.17 range, which is quite wide. It is currently trading near the high of this range.
- EVGO has an average volume of 4579850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EVGO Weekly and Daily overview Charts
EVGO Setup Rating and Analysis
The technical rating of EVGO is bad and it also does not present a quality setup 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
EVGO Support and Resistance Analysis
1.92
3.17
We can see 4 important resistance areas.
- Resistance @2.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.35 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.87 from a trend line in the weekly time frame.
- Resistance @3.14 from a trend line in the daily time frame.
EVGO 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 EVGO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVGO is neutral. |
| ChartMill Relative Strength | 10.37 | NEGATIVE | EVGO has a low relative strength, it was outperformed by 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EVGO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.94 | NEUTRAL | The RSI value for EVGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EVGO has a positive trend. |
| Stochastics (14,3) | 70.77 | NEUTRAL | The Stochastics value for EVGO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for EVGO suggests high volalility. |
| Average Directional Index/ADX (14) | 28.76 | POSITIVE | The high ADX value value for EVGO suggests a strong trend. |
EVGO Chart- and CandleStick Pattern Analysis
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)
EVGO Technicals: Chart, Performance Metrics, Trend & Indicators
1.94
-0.06 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3%
1 Week13.45%
2 Weeks10.86%
1 Month-7.62%
3 Month-36.6%
6 Month-54.57%
12 Month-28.41%
2 Year7.18%
3 Year-67.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%6.5%
ATR Inc20.42%
Range Today0.17
ADR(20)0.12
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.37
3 months CRS9.59
6 months CRS8.57
Mansfield-4.54
10 Day High2.1
10 Day Low1.64
20 Day High2.17
20 Day Low1.64
52 Week High5.18
52 Week Low1.64
CS1 EndN/A
CR1 Start2.01
Volume & EV
DER(3)2.28%
DER(5)3.27%
Volume4.16M
Volume Incr-18.62%
Vol(5)4.24M
Vol(50)4.58M
EVGO INC / EVGO TA FAQ
What is the technical rating for EVGO stock?
ChartMill assigns a technical rating of 0 / 10 to EVGO.
What is the trend direction for EVGO stock?
The current trend direction for EVGO INC (EVGO) is Bearish.
What is the RSI signal for EVGO stock?
EVGO INC (EVGO) has an RSI value of 44.9407. This indicates that the stock is currently neutral.
What is the short term momentum for EVGO INC (EVGO) stock?
The short term momentum for EVGO INC (EVGO) is neutral.
Can you provide the support and resistance levels for EVGO INC?
EVGO INC (EVGO) has a resistance level at 2.01. Check the full technical report for our detailed analysis of EVGO support and resistance levels.