EVOLV TECHNOLOGIES HOLDINGS (EVLV) Stock Technical Analysis
NASDAQ:EVLV - Nasdaq - US30049H1023 - Common Stock - Currency: USD
Taking everything into account, EVLV scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, EVLV has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month EVLV has a been trading in the 5.46 - 6.45 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that EVLV is one of the better performing stocks in the market, outperforming 95% of all stocks.
EVLV is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 125 stocks in the same industry.
EVLV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EVLV is lagging the market slightly.
EVLV has an average volume of 3460060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, EVLV also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
3.15
6.31
We found 3 important support areas.
- A support zone ranging from 5.04 to 5.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.32 from a trend line in the daily time frame.
- Support @3.18 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.24 to 6.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for EVLV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVLV is neutral. |
| ChartMill Relative Strength | 95.18 | POSITIVE | EVLV has a high relative strength, it outperformed 95.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVLV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVLV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.96 | NEUTRAL | The RSI value for EVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EVLV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.58 | OVERSOLD | The low Stochastics value suggests EVLV may be oversold. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for EVLV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for EVLV suggests a weak or negative trend. |
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)
5.83
+0.29 (+5.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg5.23%
1 Week3.74%
2 Weeks-3.16%
1 Month5.42%
3 Month76.13%
6 Month82.76%
12 Month84.49%
2 Year-11.4%
3 Year116.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.7%
ATR Inc14.22%
Range Today0.35
ADR(20)0.26
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.18
Mansfield3.55
10 Day High6.06
10 Day Low5.5
20 Day High6.45
20 Day Low5.46
52 Week High6.45
52 Week Low2.04
CS1 End5.04
CR1 Start6.24
Volume & EV
DER(3)1.39%
DER(5)1.39%
Volume2.19M
Volume Incr-33.79%
Vol(5)1.81M
Vol(50)3.46M