EVOMMUNE INC (EVMN) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:EVMN • US30054Y1073
We assign a technical rating of 3 out of 10 to EVMN. In the last year, EVMN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than EVMN.
- EVMN is part of the Biotechnology industry. There are 524 other stocks in this industry, of which 92% are performing better than EVMN.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month EVMN has a been trading in the 15.30 - 23.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, EVMN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for EVMN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.92
We found 1 important support area.
- Support @18.10 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.55 to 18.73. 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 19.13 to 19.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.13 from a horizontal line in the weekly time frame.
- Resistance @21.93 from a horizontal 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 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) | DOWN | NEGATIVE | The current price of EVMN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.31 | NEUTRAL | The RSI value for EVMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests EVMN has a negative trend. |
| Stochastics (14,3) | 32.2 | NEUTRAL | The Stochastics value for EVMN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.34 | HIGH VOLATILITY | The high ATR as a percentage value for EVMN suggests high volalility. |
| Average Directional Index/ADX (14) | 11.91 | NEGATIVE | The low ADX value for EVMN suggests a weak or negative trend. |
18.48
-0.75 (-3.9%)
EVOMMUNE INC / EVMN FAQ
Can you provide the ChartMill technical rating for EVOMMUNE INC?
ChartMill assigns a technical rating of 3 / 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 48.3122. 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 18.1 and a resistance level at 18.55. Check the full technical report for our detailed analysis of EVMN support and resistance levels.