EVELO BIOSCIENCES INC (EVLO) Technical Analysis
NASDAQ:EVLO • US2997342025
Current stock price
EVLO Technical Rating and Analysis
Overall EVLO gets a technical rating of 1 out of 10. EVLO'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.
- 100% of all other stocks performed better in the past year than EVLO.
- EVLO is one of the lesser performing stocks in the Biotechnology industry. 93% of 519 stocks in the same industry do better.
- EVLO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EVLO is lagging the market.
- In the last month EVLO has a been trading in the 0.31 - 0.76 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.
- Considerably lower volume is observed in the last couple of days.
EVLO Weekly and Daily overview Charts
EVLO Setup Rating and Analysis
EVLO has a poor technical rating and the quality of the setup is also only medium 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
EVLO Support and Resistance Analysis
EVLO 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 EVLO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVLO is down. |
| ChartMill Relative Strength | 0.14 | NEGATIVE | EVLO has a low relative strength, it was outperformed by 99.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVLO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.74 | NEUTRAL | The RSI value for EVLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EVLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 4.97 | OVERSOLD | The low Stochastics value suggests EVLO may be oversold. |
| Average True Range in percent/ATR (20) | 30.38 | HIGH VOLATILITY | The high ATR as a percentage value for EVLO suggests high volalility. |
| Average Directional Index/ADX (14) | 35.72 | POSITIVE | The high ADX value value for EVLO suggests a strong trend. |
EVLO Chart- and CandleStick Pattern Analysis
EVLO Technicals: Chart, Performance Metrics, Trend & Indicators
0.3165
-0.05 (-14.46%)
EVELO BIOSCIENCES INC / EVLO TA FAQ
What is the technical rating for EVLO stock?
ChartMill assigns a technical rating of 1 / 10 to EVLO.
What is the current trend direction of EVELO BIOSCIENCES INC (EVLO) stock?
The current trend direction for EVELO BIOSCIENCES INC (EVLO) is Bearish.
Can you provide the RSI signal for EVELO BIOSCIENCES INC?
EVELO BIOSCIENCES INC (EVLO) has an RSI value of 30.741. This indicates that the stock is currently neutral.
What is the buy/sell signal for EVLO stock?
The buy/sell signal for EVELO BIOSCIENCES INC (EVLO) is sell as both the short term and long term trends are negative.