EVOLUTION AB (EVO.ST) Stock Technical Analysis
STO:EVO - Nasdaq Stockholm AB - SE0012673267 - Common Stock - Currency: SEK
Overall EVO gets a technical rating of 6 out of 10. In the last year, EVO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
85% of all other stocks performed better in the past year than EVO.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EVO has a been trading in the 691.90 - 844.80 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
EVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EVO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
644.49
857.89
We found 2 important support areas.
- A support zone ranging from 743.94 to 760.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @651.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 840.01 to 849.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EVO.ST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVO.ST is up. |
| ChartMill Relative Strength | 15.91 | NEGATIVE | EVO.ST has a low relative strength, it was outperformed by 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVO.ST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVO.ST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EVO.ST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 79.52 | OVERBOUGHT | The high RSI value suggests EVO.ST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.93 | POSITIVE | The MACD value suggests EVO.ST has a positive trend. |
| Stochastics (14,3) | 89.73 | OVERBOUGHT | The high Stochastics value suggests EVO.ST may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for EVO.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 40.69 | POSITIVE | The high ADX value value for EVO.ST suggests a strong trend. |
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)
STO:EVO (7/18/2025, 5:30:45 PM)
840
+8.8 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.06%
1 Week9.29%
2 Weeks10.96%
1 Month20.27%
3 Month1.72%
6 Month0.5%
12 Month-21.24%
2 Year-35.29%
3 Year-14.15%
5 Year40.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)15.59
ATR(20)%1.87%
ATR Inc223.45%
Range Today14.4
ADR(20)12.57
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.91
Mansfield-1.1
10 Day High844.8
10 Day Low748.4
20 Day High844.8
20 Day Low691.9
52 Week High1096.25
52 Week Low639.6
CS1 End760.5
CR1 Start840.01
Volume & EV
DER(3)2.96%
DER(5)4.14%
Volume697.65K
Volume Incr72.53%
Vol(5)440.55K
Vol(50)296.61K