EVOKE PHARMA INC (EVOK) Stock Technical Analysis
NASDAQ:EVOK - Nasdaq - US30049G3020 - Common Stock - Currency: USD
Taking everything into account, EVOK scores 2 out of 10 in our technical rating. EVOK'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
93% of all other stocks performed better in the past year than EVOK.
EVOK is one of the lesser performing stocks in the Pharmaceuticals industry. 68% of 195 stocks in the same industry do better.
EVOK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVOK is lagging the market.
In the last month EVOK has a been trading in the 2.85 - 3.92 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: EVOK has an average volume of 15935 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
EVOK 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
2.92
3.62
We found 1 important support area.
- A support zone ranging from 2.95 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.24 to 3.25. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 3.39 to 3.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.58 from a trend 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 EVOK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVOK is neutral. |
| ChartMill Relative Strength | 7.39 | NEGATIVE | EVOK has a low relative strength, it was outperformed by 92.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVOK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVOK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVOK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.34 | NEUTRAL | The RSI value for EVOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EVOK has a negative trend. |
| Stochastics (14,3) | 20.8 | NEUTRAL | The Stochastics value for EVOK is a neutral value. |
| Average True Range in percent/ATR (20) | 8.9 | HIGH VOLATILITY | The high ATR as a percentage value for EVOK suggests high volalility. |
| Average Directional Index/ADX (14) | 24.85 | NEUTRAL | The ADX value for EVOK suggests a possible start of a new 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)
3.0153
+0.07 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.21%
1 Week-15.41%
2 Weeks-19.8%
1 Month-3.97%
3 Month-21.07%
6 Month-35.98%
12 Month-46.75%
2 Year-84.77%
3 Year-92.24%
5 Year-99.41%
10 Year-99.6%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%8.9%
ATR Inc88.54%
Range Today0.27
ADR(20)0.26
ADR(20)%8.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.39
Mansfield-3.62
10 Day High3.92
10 Day Low2.85
20 Day High3.92
20 Day Low2.85
52 Week High12.32
52 Week Low1.94
CS1 End2.95
CR1 Start3.24
Volume & EV
DER(3)-17.32%
DER(5)-6.64%
Volume8.19K
Volume Incr45.6%
Vol(5)19.76K
Vol(50)15.94K