EVGO INC (EVGO) Technical Analysis
NASDAQ:EVGO • US30052F1003
Current stock price
EVGO Technical Rating and Analysis
Taking everything into account, EVGO scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than EVGO.
- EVGO is one of the lesser performing stocks in the Specialty Retail industry. 71% of 124 stocks in the same industry do better.
- EVGO 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 EVGO is lagging the market.
- In the last month EVGO has a been trading in the 2.05 - 3.04 range, which is quite wide. It is currently trading near the lows of this range.
- EVGO has an average volume of 3947530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
2.05
We found 1 important support area.
- A support zone ranging from 2.07 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @2.65 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.73 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.10 from a trend line in the weekly time frame.
- Resistance @3.21 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 | DOWN | NEGATIVE | The short term trend for EVGO is down. |
| ChartMill Relative Strength | 12.26 | NEGATIVE | EVGO has a low relative strength, it was outperformed by 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVGO is below 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) | 26.04 | OVERSOLD | The low RSI value suggests EVGO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EVGO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.71 | OVERSOLD | The low Stochastics value suggests EVGO may be oversold. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for EVGO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for EVGO suggests a possible start of a new trend. |
EVGO Chart- and CandleStick Pattern Analysis
EVGO Technicals: Chart, Performance Metrics, Trend & Indicators
2.11
+0.03 (+1.44%)
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 current trend direction of EVGO INC (EVGO) stock?
The current trend direction for EVGO INC (EVGO) is Bearish.
Can you provide the RSI signal for EVGO INC?
EVGO INC (EVGO) has an RSI value of 26.043. This indicates that the stock is currently oversold.
What is the MACD signal for EVGO stock?
The MACD indicator for EVGO INC (EVGO) has a value of -0.0433446, indicating a bearish trend.
What is the support and resistance level for EVGO stock?
EVGO INC (EVGO) has a support level at 2.07 and a resistance level at 2.65. Check the full technical report for our detailed analysis of EVGO support and resistance levels.