EVOLV TECHNOLOGIES HOLDINGS (EVLV) Technical Analysis
NASDAQ:EVLV • US30049H1023
Current stock price
EVLV Technical Rating and Analysis
Taking everything into account, EVLV scores 9 out of 10 in our technical rating. EVLV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, EVLV did better than 88% of all other stocks.
- In the last month EVLV has a been trading in the 5.08 - 6.50 range, which is quite wide. It is currently trading near the high of this range.
- EVLV has an average volume of 3338180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EVLV is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 64% of 124 stocks in the same industry.
- EVLV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVLV is lagging the market.
EVLV Weekly and Daily overview Charts
EVLV Setup Rating and Analysis
EVLV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.95, a Stop Loss order could be placed below this zone.
More info and screens
EVLV Support and Resistance Analysis
5.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.88 to 5.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.36 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.31 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
EVLV 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 | NEUTRAL | NEUTRAL | The long term trend for EVLV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVLV is up. |
| ChartMill Relative Strength | 88.34 | POSITIVE | EVLV has a high relative strength, it outperformed 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVLV is above 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 | MIXED | The current price of EVLV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.09 | NEUTRAL | The RSI value for EVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EVLV has a positive trend. |
| Stochastics (14,3) | 71.29 | NEUTRAL | The Stochastics value for EVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for EVLV suggests some volalility. |
| Average Directional Index/ADX (14) | 30.34 | POSITIVE | The high ADX value value for EVLV suggests a strong trend. |
EVLV Chart- and CandleStick Pattern Analysis
EVLV Technicals: Chart, Performance Metrics, Trend & Indicators
6.3
-0.04 (-0.63%)
EVOLV TECHNOLOGIES HOLDINGS / EVLV TA FAQ
Can you provide the ChartMill technical rating for EVOLV TECHNOLOGIES HOLDINGS?
ChartMill assigns a technical rating of 9 / 10 to EVLV.
What is the trend direction for EVLV stock?
The current trend direction for EVOLV TECHNOLOGIES HOLDINGS (EVLV) is Bearish.
Can you provide the RSI signal for EVOLV TECHNOLOGIES HOLDINGS?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has an RSI value of 63.0869. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVOLV TECHNOLOGIES HOLDINGS?
The MACD indicator for EVOLV TECHNOLOGIES HOLDINGS (EVLV) has a value of 0.041194, indicating a bearish trend.
What are the support and resistance levels for EVOLV TECHNOLOGIES HOLDINGS (EVLV) stock?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has a support level at 5.95 and a resistance level at 6.31. Check the full technical report for our detailed analysis of EVLV support and resistance levels.