EVOLV TECHNOLOGIES HOLDINGS (EVLV) Stock Technical Analysis
USA - NASDAQ:EVLV - US30049H1023 - Common Stock
We assign a technical rating of 5 out of 10 to EVLV. 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.
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.
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3.51
2 important support areas can be observed.
- Support @6.86 from a horizontal line in the daily time frame.
- Support @3.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.95 to 7.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.89 to 7.96. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for EVLV is down. |
| ChartMill Relative Strength | 95.61 | POSITIVE | EVLV has a high relative strength, it outperformed 95.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVLV is below a declining 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) | 38.48 | NEUTRAL | The RSI value for EVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EVLV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.32 | NEUTRAL | The Stochastics value for EVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for EVLV suggests high volalility. |
| Average Directional Index/ADX (14) | 21.43 | NEUTRAL | The ADX value for EVLV suggests a possible start of a new trend. |
NASDAQ:EVLV (11/12/2025, 2:34:52 PM)
6.905
-0.13 (-1.92%)
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 38.4782. 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 negative.
What is the support and resistance level for EVLV stock?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has a support level at 7.03 and a resistance level at 7.89. Check the full technical report for our detailed analysis of EVLV support and resistance levels.