EVOTEC SE - SPON ADR (EVO) Technical Analysis
NASDAQ:EVO • US30050E1055
Current stock price
EVO Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EVO is a bad performer in the overall market: 86% of all stocks are doing better.
- EVO is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, of which 60% are performing better than EVO.
- EVO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EVO is lagging the market.
- In the last month EVO has a been trading in the 2.31 - 3.60 range, which is quite wide. It is currently trading near the lows of this range.
EVO Weekly and Daily overview Charts
EVO Setup Rating and Analysis
The technical rating of EVO is bad and it also does not present a quality setup 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
EVO Support and Resistance Analysis
2.42
4 important resistance areas can be observed.
- A resistance zone ranging from 3.60 to 3.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.76 from a horizontal line in the daily time frame.
- Resistance @3.86 from a trend line in the daily time frame.
- Resistance @4.26 from a horizontal line in the daily time frame.
EVO Technical Indicator Signal Analysis
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVO is down. |
| ChartMill Relative Strength | 14.33 | NEGATIVE | EVO has a low relative strength, it was outperformed by 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.29 | OVERSOLD | The low RSI value suggests EVO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EVO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.26 | OVERSOLD | The low Stochastics value suggests EVO may be oversold. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for EVO suggests high volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for EVO suggests a strong trend. |
EVO Chart- and CandleStick Pattern Analysis
EVO Technicals: Chart, Performance Metrics, Trend & Indicators
2.44
-0.03 (-1.21%)
EVOTEC SE - SPON ADR / EVO TA FAQ
Can you provide the ChartMill technical rating for EVOTEC SE - SPON ADR?
ChartMill assigns a technical rating of 0 / 10 to EVO.
Can you provide the trend direction for EVOTEC SE - SPON ADR?
The current trend direction for EVOTEC SE - SPON ADR (EVO) is Bearish.
What is the RSI signal for EVOTEC SE - SPON ADR (EVO) stock?
EVOTEC SE - SPON ADR (EVO) has an RSI value of 29.2911. This indicates that the stock is currently oversold.
What is the MACD signal for EVOTEC SE - SPON ADR (EVO) stock?
The MACD indicator for EVOTEC SE - SPON ADR (EVO) has a value of -0.0681026, indicating a bearish trend.
Can you provide the short term momentum for EVOTEC SE - SPON ADR?
The short term momentum for EVOTEC SE - SPON ADR (EVO) is negative.