EVOLUTION AB (EVO.ST) Stock Technical Analysis
Europe - STO:EVO - SE0012673267 - Common Stock
792 SEK
-1.6 (-0.2%)
We assign a technical rating of 1 out of 10 to EVO. 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.
70% of all other stocks performed better in the past year than EVO.
EVO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
EVO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
775.16
894.26
When analyzing the support we notice one important area.
- Support @782.99 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 793.59 to 804.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @842.52 from a trend line in the weekly time frame.
- A resistance zone ranging from 871.90 to 885.41. 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 | DOWN | NEGATIVE | The short term trend for EVO.ST is down. |
| ChartMill Relative Strength | 30.56 | NEUTRAL | EVO.ST is not amongst the best or worst performers 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) | UP | MIXED | The current price of EVO.ST is below the rising 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) | 39.11 | NEUTRAL | The RSI value for EVO.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.67 | NEGATIVE | The MACD value suggests EVO.ST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.28 | NEUTRAL | The Stochastics value for EVO.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for EVO.ST suggests low volalility. |
| Average Directional Index/ADX (14) | 29.42 | 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 (9/12/2025, 5:30:45 PM)
792
-1.6 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week1.35%
2 Weeks-6.7%
1 Month-3.62%
3 Month18.62%
6 Month-0.23%
12 Month-21.45%
2 Year-28.43%
3 Year-10.16%
5 Year32.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.46
ATR(20)%1.75%
ATR Inc-32.01%
Range Today13.2
ADR(20)13.45
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.56
Mansfield-1.48
10 Day High850.1
10 Day Low771.6
20 Day High865.4
20 Day Low771.6
52 Week High1096.25
52 Week Low639.6
CS1 End793.59
CR1 Start842.52
Volume & EV
DER(3)5.89%
DER(5)6.1%
Volume162.01K
Volume Incr-19.35%
Vol(5)174.10K
Vol(50)235.57K