EVI INDUSTRIES INC (EVI) Technical Analysis
NYSEARCA:EVI • US26929N1028
Current stock price
EVI Technical Rating and Analysis
Taking everything into account, EVI scores 0 out of 10 in our technical rating. EVI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EVI is a bad performer in the overall market: 80% of all stocks are doing better.
- EVI is one of the lesser performing stocks in the Trading Companies & Distributors industry. 73% of 46 stocks in the same industry do better.
- EVI 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 EVI has a been trading in the 16.95 - 23.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
EVI Weekly and Daily overview Charts
EVI Setup Rating and Analysis
The technical rating of EVI 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
EVI Support and Resistance Analysis
16.15
We found 2 important support areas.
- A support zone ranging from 18.07 to 18.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.31 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.81 to 21.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.28 from a trend line in the daily time frame.
EVI 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 EVI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVI is down. |
| ChartMill Relative Strength | 20.42 | NEGATIVE | EVI has a low relative strength, it was outperformed by 79.58% off all stocks 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) | DOWN | NEGATIVE | The current price of EVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.96 | NEUTRAL | The RSI value for EVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests EVI has a negative trend. |
| Stochastics (14,3) | 9.42 | OVERSOLD | The low Stochastics value suggests EVI may be oversold. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for EVI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for EVI suggests a possible start of a new trend. |
EVI Chart- and CandleStick Pattern Analysis
EVI Technicals: Chart, Performance Metrics, Trend & Indicators
18.2
+0.13 (+0.72%)
EVI INDUSTRIES INC / EVI TA FAQ
What is the ChartMill technical rating of EVI INDUSTRIES INC (EVI) stock?
ChartMill assigns a technical rating of 0 / 10 to EVI.
What is the current trend direction of EVI INDUSTRIES INC (EVI) stock?
The current trend direction for EVI INDUSTRIES INC (EVI) is Bearish.
What is the RSI signal for EVI INDUSTRIES INC (EVI) stock?
EVI INDUSTRIES INC (EVI) has an RSI value of 31.9596. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVI INDUSTRIES INC?
The MACD indicator for EVI INDUSTRIES INC (EVI) has a value of -0.413943, indicating a bearish trend.
What are the support and resistance levels for EVI INDUSTRIES INC (EVI) stock?
EVI INDUSTRIES INC (EVI) has a support level at 18.19 and a resistance level at 21.81. Check the full technical report for our detailed analysis of EVI support and resistance levels.