EVOLV TECHNOLOGIES HOLDINGS (EVLV) Stock Technical Analysis
NASDAQ:EVLV - US30049H1023 - Common Stock
7.97 USD
-0.17 (-2.09%)
7.878 USD
-0.09 (-1.15%)
We assign a technical rating of 10 out of 10 to EVLV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EVLV is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
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. On top of that, EVLV also shows a nice and consistent pattern of rising prices.
EVLV is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. EVLV outperforms 80% of them.
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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
EVLV has an average volume of 3067400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EVLV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
6.49
8.05
3 important support areas can be observed.
- A support zone ranging from 7.96 to 7.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.83 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.56 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for EVLV is up. |
| ChartMill Relative Strength | 95.48 | POSITIVE | EVLV has a high relative strength, it outperformed 95.48% 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 | POSITIVE | The current price of EVLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.2 | NEUTRAL | The RSI value for EVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EVLV has a negative trend. |
| Stochastics (14,3) | 56.17 | NEUTRAL | The Stochastics value for EVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for EVLV suggests high volalility. |
| Average Directional Index/ADX (14) | 45.6 | POSITIVE | The high ADX value value for EVLV suggests a strong 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)
7.97
-0.17 (-2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.09%
1 Week-3.98%
2 Weeks1.21%
1 Month11.47%
3 Month44.38%
6 Month151.42%
12 Month120.78%
2 Year63.99%
3 Year275.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%5.35%
ATR Inc-18.51%
Range Today0.35
ADR(20)0.41
ADR(20)%5.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.48
Mansfield6.33
10 Day High8.71
10 Day Low7.51
20 Day High8.91
20 Day Low6.84
52 Week High8.91
52 Week Low2.04
CS1 End7.96
CR1 StartN/A
Volume & EV
DER(3)0.63%
DER(5)1.61%
Volume2.06M
Volume Incr-24.03%
Vol(5)2.73M
Vol(50)3.07M