STO:EVO - Nasdaq Stockholm AB - SE0012673267 - Common Stock - Currency: SEK
Overall EVO gets a technical rating of 0 out of 10. EVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EVO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 642.39, a Stop Loss order could be placed below this zone.
635.97
We found 1 important support area.
We can see 4 important resistance 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 | DOWN | NEGATIVE | The long term trend for EVO.ST is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVO.ST is down. |
ChartMill Relative Strength | 6.47 | NEGATIVE | EVO.ST has a low relative strength, it was outperformed by 93.53% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVO.ST is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVO.ST is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVO.ST is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 35.99 | NEUTRAL | The RSI value for EVO.ST is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.54 | POSITIVE | The MACD value suggests EVO.ST has a positive trend. |
Stochastics (14,3) | 35.54 | NEUTRAL | The Stochastics value for EVO.ST is a neutral value. |
Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for EVO.ST suggests some volalility. |
Average Directional Index/ADX (14) | 42.73 | POSITIVE | The high ADX value value for EVO.ST suggests a strong trend. |
STO:EVO (5/28/2025, 12:54:57 PM)
651.8
-6 (-0.91%)