We assign a technical rating of 2 out of 10 to EVLV. Although EVLV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- EVLV has an average volume of 2897300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that EVLV is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- EVLV is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, EVLV did better than 69% of them.
- 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 - 7.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of EVLV is bad and it also does not present a 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
5.48
3 important support areas can be observed.
- Support @6.14 from a trend line in the daily time frame.
- A support zone ranging from 5.90 to 5.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.54 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @7.05 from a trend line in the daily time frame.
- Resistance @7.22 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.36 to 7.37. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for EVLV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVLV is down. |
| ChartMill Relative Strength | 83.05 | POSITIVE | EVLV has a high relative strength, it outperformed 83.05% 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 | MIXED | The current price of EVLV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.34 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 32.68 | NEUTRAL | The Stochastics value for EVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for EVLV suggests high volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for EVLV suggests a weak or negative trend. |
NASDAQ:EVLV (1/27/2026, 10:06:02 AM)
6.395
-0.04 (-0.54%)
EVOLV TECHNOLOGIES HOLDINGS / EVLV FAQ
Can you provide the ChartMill technical rating for EVOLV TECHNOLOGIES HOLDINGS?
ChartMill assigns a technical rating of 2 / 10 to EVLV.
What is the trend direction for EVLV stock?
The current trend direction for EVOLV TECHNOLOGIES HOLDINGS (EVLV) is Bearish.
What is the RSI signal for EVOLV TECHNOLOGIES HOLDINGS (EVLV) stock?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has an RSI value of 44.3448. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVOLV TECHNOLOGIES HOLDINGS?
The short term momentum for EVOLV TECHNOLOGIES HOLDINGS (EVLV) is negative.
What are the support and resistance levels for EVOLV TECHNOLOGIES HOLDINGS (EVLV) stock?
EVOLV TECHNOLOGIES HOLDINGS (EVLV) has a support level at 6.14 and a resistance level at 7.05. Check the full technical report for our detailed analysis of EVLV support and resistance levels.