EVOMMUNE INC (EVMN) Technical Analysis
NYSE:EVMN • US30054Y1073
Overall EVMN gets a technical rating of 5 out of 10. EVMN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than EVMN.
- EVMN is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 93% are performing better than EVMN.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month EVMN has a been trading in the 21.80 - 33.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
EVMN 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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16.63
When analyzing the support we can see 3 important areas.
- Support @23.59 from a horizontal line in the daily time frame.
- Support @17.95 from a trend line in the daily time frame.
- Support @16.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.50 to 26.50. 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 EVMN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVMN is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | EVMN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVMN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVMN is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.91 | NEUTRAL | The RSI value for EVMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests EVMN has a negative trend. |
| Stochastics (14,3) | 30.16 | NEUTRAL | The Stochastics value for EVMN is a neutral value. |
| Average True Range in percent/ATR (20) | 15.44 | HIGH VOLATILITY | The high ATR as a percentage value for EVMN suggests high volalility. |
| Average Directional Index/ADX (14) | 20.22 | NEUTRAL | The ADX value for EVMN suggests a possible start of a new trend. |
EVMN Technicals: Chart, Performance Metrics, Trend & Indicators
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-0.61 (-2.48%)
EVOMMUNE INC / EVMN FAQ
Can you provide the ChartMill technical rating for EVOMMUNE INC?
ChartMill assigns a technical rating of 5 / 10 to EVMN.
What is the current trend direction of EVOMMUNE INC (EVMN) stock?
The current trend direction for EVOMMUNE INC (EVMN) is Bullish.
What is the RSI signal for EVMN stock?
EVOMMUNE INC (EVMN) has an RSI value of 47.9077. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EVOMMUNE INC?
EVOMMUNE INC (EVMN) has a support level at 23.59 and a resistance level at 26.5. Check the full technical report for our detailed analysis of EVMN support and resistance levels.