6.76 USD
-0.29 (-4.11%)
6.78 USD
+0.02 (+0.3%)
Overall EVLV gets a technical rating of 5 out of 10. In the last year, EVLV was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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!
EVLV is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 75% of 124 stocks in the same industry.
EVLV has an average volume of 2870980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EVLV did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
In the last month EVLV has a been trading in the 6.00 - 7.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
EVLV has an average technical rating and it also does not offer a high quality setup 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
3.64
7.50
When analyzing the support we can see 7 important areas.
- A support zone ranging from 6.70 to 6.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.41 from a trend line in the weekly time frame.
- Support @6.05 from a trend line in the daily time frame.
- Support @5.93 from a horizontal line in the weekly time frame.
- Support @5.78 from a trend line in the daily time frame.
- Support @5.54 from a horizontal line in the daily time frame.
- Support @3.68 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.96 to 7.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.22 to 7.43. 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 | 88.51 | POSITIVE | EVLV has a high relative strength, it outperformed 88.51% 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) | DOWN | NEGATIVE | The current price of EVLV is below a declining 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) | 48.65 | NEUTRAL | The RSI value for EVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests EVLV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.65 | NEUTRAL | The Stochastics value for EVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for EVLV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for EVLV suggests a possible start of a new 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)
6.76
-0.29 (-4.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-4.11%
1 Week-1.46%
2 Weeks2.11%
1 Month9.03%
3 Month-11.98%
6 Month8.51%
12 Month70.28%
2 Year43.22%
3 Year161%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%4.08%
ATR Inc24.08%
Range Today0.44
ADR(20)0.27
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
3 months CRS20.53
6 months CRS62.26
Mansfield0.86
10 Day High7.48
10 Day Low6.52
20 Day High7.48
20 Day Low6
52 Week High8.91
52 Week Low2.64
CS1 End6.75
CR1 Start6.96
Volume & EV
DER(3)2.44%
DER(5)1.18%
Volume2.75M
Volume Incr70.06%
Vol(5)4.54M
Vol(50)2.87M
EVOLV TECHNOLOGIES HOLDINGS / EVLV FAQ
Can you provide the ChartMill technical rating for EVOLV TECHNOLOGIES HOLDINGS?
ChartMill assigns a technical rating of 5 / 10 to EVLV.
Can you provide the trend direction for EVOLV TECHNOLOGIES HOLDINGS?
The current trend direction for EVOLV TECHNOLOGIES HOLDINGS (EVLV) is Bullish.
What is the RSI signal for EVOLV TECHNOLOGIES HOLDINGS (EVLV) stock?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has an RSI value of 48.6469. This indicates that the stock is currently neutral.
What is the short term momentum for EVOLV TECHNOLOGIES HOLDINGS (EVLV) stock?
The short term momentum for EVOLV TECHNOLOGIES HOLDINGS (EVLV) is neutral.
What is the support and resistance level for EVLV stock?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has a support level at 6.75 and a resistance level at 6.96. Check the full technical report for our detailed analysis of EVLV support and resistance levels.