EVOKE PHARMA INC (EVOK) Stock Technical Analysis
NASDAQ:EVOK - US30049G3020 - Common Stock
5.53 USD
-0.81 (-12.78%)
5.25 USD
-0.28 (-5.06%)
We assign a technical rating of 9 out of 10 to EVOK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EVOK is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
EVOK is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 84% of 193 stocks in the same industry.
EVOK has an average volume of 3092620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EVOK did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
EVOK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVOK is lagging the market.
In the last month EVOK has a been trading in the 3.43 - 7.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EVOK has an excellent technical rating, it does not offer a high 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
4.22
5.59
We found 1 important support area.
- A support zone ranging from 4.26 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for EVOK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVOK is up. |
| ChartMill Relative Strength | 93.98 | POSITIVE | EVOK has a high relative strength, it outperformed 93.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVOK is above the rising 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) | UP | POSITIVE | The current price of EVOK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.67 | NEUTRAL | The RSI value for EVOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests EVOK has a positive trend. |
| Stochastics (14,3) | 85.81 | OVERBOUGHT | The high Stochastics value suggests EVOK may be overbought. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for EVOK suggests high volalility. |
| Average Directional Index/ADX (14) | 32.82 | POSITIVE | The high ADX value value for EVOK 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)
5.53
-0.81 (-12.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-12.78%
1 Week23.35%
2 Weeks18.95%
1 Month38.13%
3 Month68.62%
6 Month25.05%
12 Month43.76%
2 Year-57.43%
3 Year-80.43%
5 Year-99.01%
10 Year-98.87%
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%8.89%
ATR Inc47.09%
Range Today0.29
ADR(20)0.54
ADR(20)%9.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.98
Mansfield3.99
10 Day High7.04
10 Day Low4.61
20 Day High7.04
20 Day Low3.43
52 Week High12.32
52 Week Low1.94
CS1 End4.27
CR1 StartN/A
Volume & EV
DER(3)-11.07%
DER(5)4.09%
Volume145.96K
Volume Incr1337.77%
Vol(5)1.56M
Vol(50)3.09M