Overall EVI gets a technical rating of 4 out of 10. EVI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
EVI has an average technical rating and it also does not offer a high 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.
15.98
6 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for EVI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVI is neutral. |
| ChartMill Relative Strength | 61.49 | NEUTRAL | EVI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EVI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EVI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.96 | NEUTRAL | The RSI value for EVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests EVI has a negative trend. |
| Stochastics (14,3) | 14.18 | OVERSOLD | The low Stochastics value suggests EVI may be oversold. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for EVI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for EVI suggests a weak or negative trend. |
23.5
-1.31 (-5.28%)
ChartMill assigns a technical rating of 4 / 10 to EVI.
The current trend direction for EVI INDUSTRIES INC (EVI) is Bearish.
EVI INDUSTRIES INC (EVI) has an RSI value of 39.964. This indicates that the stock is currently neutral.
The short term momentum for EVI INDUSTRIES INC (EVI) is neutral.