EVOLUTION AB (EVO.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:EVO - SE0012673267 - Common Stock
Taking everything into account, EVO scores 0 out of 10 in our technical rating. EVO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EVO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 627.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 621.19, a Stop Loss order could be placed below this zone.
More info and screens
611.02
We found 1 important support area.
- A support zone ranging from 617.19 to 621.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 627.20 to 632.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 645.21 to 662.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @740.89 from a trend line in the weekly time frame.
- Resistance @773.51 from a trend line in the weekly time frame.
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 | 7.91 | NEGATIVE | EVO.ST has a low relative strength, it was outperformed by 92.09% 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) | 39.22 | NEUTRAL | The RSI value for EVO.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests EVO.ST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.43 | NEUTRAL | The Stochastics value for EVO.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for EVO.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 38.87 | POSITIVE | The high ADX value value for EVO.ST suggests a strong trend. |
STO:EVO (12/23/2025, 5:30:45 PM)
621.2
-0.6 (-0.1%)
EVOLUTION AB / EVO.ST FAQ
Can you provide the ChartMill technical rating for EVOLUTION AB?
ChartMill assigns a technical rating of 0 / 10 to EVO.ST.
What is the trend direction for EVO stock?
The current trend direction for EVOLUTION AB (EVO.ST) is Bearish.
What is the RSI signal for EVOLUTION AB (EVO.ST) stock?
EVOLUTION AB (EVO.ST) has an RSI value of 39.223. This indicates that the stock is currently neutral.
What is the short term momentum for EVOLUTION AB (EVO.ST) stock?
The short term momentum for EVOLUTION AB (EVO.ST) is negative.
What is the support and resistance level for EVO stock?
EVOLUTION AB (EVO.ST) has a support level at 621.19 and a resistance level at 627.2. Check the full technical report for our detailed analysis of EVO.ST support and resistance levels.