EVER-GLORY INTERNATIONAL GRO (EVK) Technical Analysis
NASDAQ:EVK • US2997662042
Current stock price
EVK Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to EVK. EVK'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EVK is a bad performer in the overall market: 98% of all stocks are doing better.
- EVK is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 93% of 45 stocks in the same industry do better.
- EVK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so EVK is lagging the market.
- In the last month EVK has a been trading in the 0.28 - 0.79 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EVK Weekly and Daily overview Charts
EVK Setup Rating and Analysis
The technical rating of EVK is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EVK Support and Resistance Analysis
0.29
We found 1 important resistance area.
- Resistance @0.59 from a trend line in the daily time frame.
EVK 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 EVK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVK is down. |
| ChartMill Relative Strength | 2.87 | NEGATIVE | EVK has a low relative strength, it was outperformed by 97.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.79 | OVERSOLD | The low RSI value suggests EVK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EVK has a negative trend. |
| Stochastics (14,3) | 10.34 | OVERSOLD | The low Stochastics value suggests EVK may be oversold. |
| Average True Range in percent/ATR (20) | 23.85 | HIGH VOLATILITY | The high ATR as a percentage value for EVK suggests high volalility. |
| Average Directional Index/ADX (14) | 28.01 | POSITIVE | The high ADX value value for EVK suggests a strong trend. |
EVK Chart- and CandleStick Pattern Analysis
EVK Technicals: Chart, Performance Metrics, Trend & Indicators
0.2944
-0.14 (-32.4%)
EVER-GLORY INTERNATIONAL GRO / EVK TA FAQ
Can you provide the ChartMill technical rating for EVER-GLORY INTERNATIONAL GRO?
ChartMill assigns a technical rating of 0 / 10 to EVK.
Can you provide the trend direction for EVER-GLORY INTERNATIONAL GRO?
The current trend direction for EVER-GLORY INTERNATIONAL GRO (EVK) is Bearish.
Can you provide the RSI signal for EVER-GLORY INTERNATIONAL GRO?
EVER-GLORY INTERNATIONAL GRO (EVK) has an RSI value of 19.7938. This indicates that the stock is currently oversold.
What is the buy/sell signal for EVK stock?
The buy/sell signal for EVER-GLORY INTERNATIONAL GRO (EVK) is sell as both the short term and long term trends are negative.
What is the support and resistance level for EVK stock?
EVER-GLORY INTERNATIONAL GRO (EVK) has a resistance level at 0.59. Check the full technical report for our detailed analysis of EVK support and resistance levels.