EVOLV TECHNOLOGIES HOLDINGS (EVLV) Stock Technical Analysis
USA - NASDAQ:EVLV - US30049H1023 - Common Stock
We assign a technical rating of 8 out of 10 to EVLV. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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 7.45, a Stop Loss order could be placed below this zone.
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7.34
When analyzing the support we notice one important area.
- A support zone ranging from 7.41 to 7.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.94 to 8.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.24 to 8.31. 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 | 96.61 | POSITIVE | EVLV has a high relative strength, it outperformed 96.61% 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) | 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) | 42.8 | NEUTRAL | The RSI value for EVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EVLV has a negative trend. |
| Stochastics (14,3) | 17.18 | OVERSOLD | The low Stochastics value suggests EVLV may be oversold. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for EVLV suggests high volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for EVLV suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.06 | 7.54 | 0.52 (6.45%) | 15.50% |
| An entry @8.06. This is a Buy Stop order right above the resistance zone. | An exit @7.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.52 points, which is 6.45%. | For a 1.00% total portfolio risk, you can invest 15.50% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EVLV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:EVLV (10/31/2025, 9:31:09 AM)
7.6422
+0.06 (+0.82%)
EVOLV TECHNOLOGIES HOLDINGS / EVLV FAQ
Can you provide the ChartMill technical rating for EVOLV TECHNOLOGIES HOLDINGS?
ChartMill assigns a technical rating of 8 / 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 42.7991. 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 7.45 and a resistance level at 7.94. Check the full technical report for our detailed analysis of EVLV support and resistance levels.