EVOTEC SE - SPON ADR (EVO) Stock Technical Analysis
NASDAQ:EVO - Nasdaq - US30050E1055 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to EVO. EVO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, EVO outperforms 44% of them, which is more or less in line with the market.
EVO is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, EVO did better than 61% of them.
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.
In the last month EVO has a been trading in the 3.73 - 4.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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 support zone below the current price at 3.98, a Stop Loss order could be placed below this zone.
More info and screens
2.87
5.35
4 important support areas can be observed.
- A support zone ranging from 3.95 to 3.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.75 to 3.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.09 from a horizontal line in the weekly time frame.
- Support @2.90 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.07 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.35 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.52 to 4.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.71 from a horizontal line in the daily time frame.
- Resistance @5.30 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for EVO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVO is neutral. |
| ChartMill Relative Strength | 44.69 | NEUTRAL | EVO is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of EVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.66 | NEUTRAL | The RSI value for EVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EVO has a negative trend. |
| Stochastics (14,3) | 64.41 | NEUTRAL | The Stochastics value for EVO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for EVO suggests some volalility. |
| Average Directional Index/ADX (14) | 8.55 | NEGATIVE | The low ADX value for EVO suggests a weak or negative 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)
4.07
-0.1 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.4%
1 Week-3.1%
2 Weeks-3.55%
1 Month-4.68%
3 Month27.99%
6 Month-6.65%
12 Month-17.61%
2 Year-68.98%
3 Year-67.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%3.52%
ATR Inc-40.57%
Range Today0.07
ADR(20)0.11
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.69
Mansfield-0.59
10 Day High4.35
10 Day Low4.07
20 Day High4.44
20 Day Low3.73
52 Week High5.64
52 Week Low2.84
CS1 End3.98
CR1 Start4.07
Volume & EV
DER(3)-4.03%
DER(5)-2.07%
Volume29.30K
Volume Incr-54.77%
Vol(5)52.90K
Vol(50)140.45K