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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, EVGO is a bad performer in the overall market: 87% of all stocks are doing better.
- EVGO is one of the lesser performing stocks in the Specialty Retail industry. 76% of 122 stocks in the same industry do better.
- EVGO has an average volume of 3555650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EVGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVGO is lagging the market.
- In the last month EVGO has a been trading in the 2.86 - 3.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EVGO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.91, a Stop Loss order could be placed below this zone.
More info and screens
2.86
We found 1 important support area.
- A support zone ranging from 2.89 to 2.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.03 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.15 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.81 from a trend line in the weekly 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 EVGO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVGO is neutral. |
| ChartMill Relative Strength | 13.81 | NEGATIVE | EVGO has a low relative strength, it was outperformed by 86.19% 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) | UP | MIXED | The current price of EVGO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.3 | NEUTRAL | The RSI value for EVGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests EVGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.54 | NEUTRAL | The Stochastics value for EVGO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for EVGO suggests high volalility. |
| Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for EVGO suggests a weak or negative trend. |
3
-0.15 (-4.76%)
EVGO INC / EVGO 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 44.2964. This indicates that the stock is currently neutral.
What is the MACD signal for EVGO stock?
The MACD indicator for EVGO INC (EVGO) has a value of 0.0111285, indicating a bearish trend.
What is the support and resistance level for EVGO stock?
EVGO INC (EVGO) has a support level at 2.91 and a resistance level at 3.03. Check the full technical report for our detailed analysis of EVGO support and resistance levels.