EVONIK INDUSTRIES AG (EVK.DE) Stock Technical Analysis
FRA:EVK - Deutsche Boerse Ag - DE000EVNK013 - Common Stock - Currency: EUR
Overall EVK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EVK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
EVK is one of the better performing stocks in the Chemicals industry, it outperforms 86% of 60 stocks in the same industry.
EVK is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so EVK slightly outperforms the market at the moment.
EVK has an average volume of 1211830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that EVK is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month EVK has a been trading in the 18.75 - 22.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, EVK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.73, a Stop Loss order could be placed below this zone.
More info and screens
16.50
22.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.52 to 19.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.67 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.73 to 20.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.15 to 22.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.89
Mansfield0.69
10 Day High22.32
10 Day Low20.72
20 Day High22.39
20 Day Low18.75
52 Week High22.39
52 Week Low16.13
Performance
1 Week-5.3%
2 Weeks-2.22%
1 Month5.68%
3 Month24.12%
6 Month-2.26%
12 Month13.18%
2 Year7.13%
3 Year-17.63%
5 Year8.76%
10 Year-37.53%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)51.81
LBB20.52
UBB22.23
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.41 | 20.72 | 0.69 (3.24%) | 25.00% |
| An entry @21.41. This is a Buy Stop order right above the 10 day moving average. | An exit @20.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 3.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of EVK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:EVK (3/27/2025, 11:30:31 AM)
20.65
-0.09 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.43%
1 Week-5.3%
2 Weeks-2.22%
1 Month5.68%
3 Month24.12%
6 Month-2.26%
12 Month13.18%
2 Year7.13%
3 Year-17.63%
5 Year8.76%
10 Year-37.53%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%3.25%
ATR Inc-48.05%
Range Today0.45
ADR(20)0.61
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.89
Mansfield0.69
10 Day High22.32
10 Day Low20.72
20 Day High22.39
20 Day Low18.75
52 Week High22.39
52 Week Low16.13
CS1 End20.73
CR1 Start22.15
Volume & EV
DER(3)0.39%
DER(5)2.44%
Volume159.39K
Volume Incr-15.92%
Vol(5)1.22M
Vol(50)1.21M