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ALTSHARES EVENT-DRIVEN ETF (EVNT) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:EVNT - US02210T2078 - ETF

11.5573 USD
+0.07 (+0.63%)
Last: 12/19/2025, 8:04:00 PM
Technical Rating and Analysis

2

Overall EVNT gets a technical rating of 2 out of 10. EVNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month EVNT has a been trading in the 11.45 - 12.19 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EVNT has an average volume of 8786 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, EVNT outperforms 54% of them, which is more or less in line with the market.
EVNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVNT is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ALTSHARES EVENT-DRIVEN ETF / EVNT Weekly stock chart
ALTSHARES EVENT-DRIVEN ETF / EVNT Daily stock chart
Setup Rating and Analysis

2

The technical rating of EVNT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

10.28

12.27

When analyzing the support we can see 3 important areas.

  • Support @11.51 from a horizontal line in the daily time frame.
  • Support @11.06 from a trend line in the weekly time frame.
  • A support zone ranging from 10.38 to 10.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @11.67 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 11.87 to 12.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for EVNT is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for EVNT is neutral.
ChartMill Relative Strength54.7NEUTRALEVNT is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of EVNT is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of EVNT is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EVNT is above the rising SMA(200).
Relative Strength Index/RSI (14)29.85OVERSOLDThe low RSI value suggests EVNT may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.06NEGATIVEThe MACD value suggests EVNT has a negative trend.
Stochastics (14,3)13.2OVERSOLDThe low Stochastics value suggests EVNT may be oversold.
Average True Range in percent/ATR (20)0.94LOW VOLATILITYThe low ATR as a percentage value for EVNT suggests low volalility.
Average Directional Index/ADX (14)44.98POSITIVEThe high ADX value value for EVNT suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ALTSHARES EVENT-DRIVEN ETF / EVNT Daily stock chart

ALTSHARES EVENT-DRIVEN ETF

NYSEARCA:EVNT (12/19/2025, 8:04:00 PM)

11.5573

+0.07 (+0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week-4.58%
2 Weeks-4.34%
1 Month-2.8%
3 Month-2.26%
6 Month1.83%
12 Month9.99%
2 Year13.53%
3 Year27.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.94%
ATR Inc320.72%
Range Today0.04
ADR(20)0.07
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.7
3 months CRS38.04
6 months CRS39.85
Mansfield-0.79
10 Day High12.17
10 Day Low11.45
20 Day High12.19
20 Day Low11.45
52 Week High13.54
52 Week Low9.78
CS1 End11.51
CR1 Start11.67
Volume & EV
DER(3)-3%
DER(5)-2.11%
Volume11.50K
Volume Incr52.3%
Vol(5)12.10K
Vol(50)8.79K

ALTSHARES EVENT-DRIVEN ETF / EVNT FAQ

What is the technical rating for EVNT stock?

ChartMill assigns a technical rating of 2 / 10 to EVNT.


Can you provide the trend direction for ALTSHARES EVENT-DRIVEN ETF?

The current trend direction for ALTSHARES EVENT-DRIVEN ETF (EVNT) is Bearish.


What is the RSI signal for ALTSHARES EVENT-DRIVEN ETF (EVNT) stock?

ALTSHARES EVENT-DRIVEN ETF (EVNT) has an RSI value of 29.8527. This indicates that the stock is currently oversold.


What is the short term momentum for EVNT stock?

The short term momentum for ALTSHARES EVENT-DRIVEN ETF (EVNT) is neutral.


Can you provide the support and resistance levels for ALTSHARES EVENT-DRIVEN ETF?

ALTSHARES EVENT-DRIVEN ETF (EVNT) has a support level at 11.51 and a resistance level at 11.67. Check the full technical report for our detailed analysis of EVNT support and resistance levels.