Overall EVO gets a technical rating of 0 out of 10. 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 technical rating of EVO is bad and it also does not present a 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
2.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.27 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.96 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @3.78 from a horizontal line in the daily time frame.
- Resistance @3.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.02 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.26 from a horizontal line in the daily 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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVO is down. |
| ChartMill Relative Strength | 17.15 | NEGATIVE | EVO has a low relative strength, it was outperformed by 82.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EVO is above 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) | 46.4 | NEUTRAL | The RSI value for EVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EVO has a positive trend. |
| Stochastics (14,3) | 59.18 | NEUTRAL | The Stochastics value for EVO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for EVO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for EVO suggests a strong trend. |
3.33
+0.07 (+2.15%)
EVOTEC SE - SPON ADR / EVO FAQ
Can you provide the ChartMill technical rating for EVOTEC SE - SPON ADR?
ChartMill assigns a technical rating of 0 / 10 to EVO.
What is the trend direction for EVO stock?
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 46.3956. This indicates that the stock is currently neutral.
What is the short term momentum for EVOTEC SE - SPON ADR (EVO) stock?
The short term momentum for EVOTEC SE - SPON ADR (EVO) is negative.
What is the support and resistance level for EVO stock?
EVOTEC SE - SPON ADR (EVO) has a support level at 2.97 and a resistance level at 3.27. Check the full technical report for our detailed analysis of EVO support and resistance levels.