Overall EVMT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EVMT is showing a nice and steady performance.
EVMT 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 a resistance zone just above the current price starting at 17.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.61, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
14.78
We found 4 important support areas.
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 EVMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVMT is up. |
| ChartMill Relative Strength | 78.91 | POSITIVE | EVMT has a high relative strength, it outperformed 78.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.29 | NEUTRAL | The RSI value for EVMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.5 | OVERSOLD | The low Stochastics value suggests EVMT may be oversold. |
| Average True Range in percent/ATR (20) | 1.35 | LOW VOLATILITY | The low ATR as a percentage value for EVMT suggests low volalility. |
| Average Directional Index/ADX (14) | 50.06 | POSITIVE | The high ADX value value for EVMT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.72 | 17.45 | 0.27 (1.52%) | 25.00% |
| An entry @17.72. This is a Buy Stop order right above the resistance zone. | An exit @17.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 1.52%. | For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:EVMT (12/18/2025, 2:16:35 PM)
17.83
+0.15 (+0.85%)
ChartMill assigns a technical rating of 9 / 10 to EVMT.
The current trend direction for INVESCO ELECT VEH MET COM ST (EVMT) is Bullish.
INVESCO ELECT VEH MET COM ST (EVMT) has an RSI value of 61.2946. This indicates that the stock is currently neutral.
The MACD indicator for INVESCO ELECT VEH MET COM ST (EVMT) has a value of -0.00546525, indicating a bearish trend.
INVESCO ELECT VEH MET COM ST (EVMT) has a support level at 17.61 and a resistance level at 17.7. Check the full technical report for our detailed analysis of EVMT support and resistance levels.