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.
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.
10.28
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important 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 | NEUTRAL | NEUTRAL | The long term trend for EVNT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVNT is neutral. |
| ChartMill Relative Strength | 54.7 | NEUTRAL | EVNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.85 | OVERSOLD | The low RSI value suggests EVNT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EVNT has a negative trend. |
| Stochastics (14,3) | 13.2 | OVERSOLD | The low Stochastics value suggests EVNT may be oversold. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for EVNT suggests low volalility. |
| Average Directional Index/ADX (14) | 44.98 | POSITIVE | The high ADX value value for EVNT suggests a strong trend. |
NYSEARCA:EVNT (12/19/2025, 8:04:00 PM)
11.5573
+0.07 (+0.63%)
ChartMill assigns a technical rating of 2 / 10 to EVNT.
The current trend direction for ALTSHARES EVENT-DRIVEN ETF (EVNT) is Bearish.
ALTSHARES EVENT-DRIVEN ETF (EVNT) has an RSI value of 29.8527. This indicates that the stock is currently oversold.
The short term momentum for ALTSHARES EVENT-DRIVEN ETF (EVNT) is neutral.
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.