EVOLENT HEALTH INC - A (EVH) Stock Technical Analysis
USA - NYSE:EVH - US30050B1017 - Common Stock
7.64 USD
-0.17 (-2.18%)
7.64 USD
0 (0%)
Overall EVH gets a technical rating of 0 out of 10. EVH 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.
97% of all other stocks performed better in the past year than EVH.
EVH is part of the Health Care Technology industry. There are 35 other stocks in this industry, of which 79% are performing better than EVH.
EVH 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 EVH has a been trading in the 7.42 - 8.80 range, which is quite wide. It is currently trading near the lows of this range.
EVH has an average volume of 2991290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, EVH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.56
11.39
We can see 6 important resistance areas.
- A resistance zone ranging from 7.79 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.19 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.66 to 8.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.70 from a horizontal line in the daily time frame.
- Resistance @10.05 from a horizontal line in the daily time frame.
- Resistance @11.28 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 EVH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVH is down. |
| ChartMill Relative Strength | 3.28 | NEGATIVE | EVH has a low relative strength, it was outperformed by 96.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for EVH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EVH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.08 | NEUTRAL | The Stochastics value for EVH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for EVH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for EVH 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)
7.64
-0.17 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-2.18%
1 Week-1.55%
2 Weeks-0.52%
1 Month-12.88%
3 Month-23.45%
6 Month-28.53%
12 Month-67.43%
2 Year-68.73%
3 Year-75.98%
5 Year-23.14%
10 Year-40.54%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%4.92%
ATR Inc-7.01%
Range Today0.26
ADR(20)0.37
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.28
3 months CRS5.69
6 months CRS6.7
Mansfield-3.15
10 Day High8.3
10 Day Low7.42
20 Day High8.81
20 Day Low7.42
52 Week High25.22
52 Week Low7.06
CS1 EndN/A
CR1 Start7.79
Volume & EV
DER(3)-2.91%
DER(5)-0.42%
Volume1.96M
Volume Incr-13.34%
Vol(5)2.24M
Vol(50)2.99M
EVOLENT HEALTH INC - A / EVH FAQ
What is the technical rating for EVH stock?
ChartMill assigns a technical rating of 0 / 10 to EVH.
What is the trend direction for EVH stock?
The current trend direction for EVOLENT HEALTH INC - A (EVH) is Bearish.
Can you provide the RSI signal for EVOLENT HEALTH INC - A?
EVOLENT HEALTH INC - A (EVH) has an RSI value of 42.0495. This indicates that the stock is currently neutral.
What is the short term momentum for EVOLENT HEALTH INC - A (EVH) stock?
The short term momentum for EVOLENT HEALTH INC - A (EVH) is negative.
Can you provide the buy/sell signal for EVOLENT HEALTH INC - A?
The buy/sell signal for EVOLENT HEALTH INC - A (EVH) is sell as both the short term and long term trends are negative.