EVOLVING SYSTEMS INC (EVOL)

US30049R2094 - Common Stock

1.08  -0.09 (-7.69%)

After market: 1.09 +0.01 (+0.93%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to EVOL. EVOL'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EVOL is a bad performer in the overall market: 92% of all stocks are doing better.
EVOL is part of the Software industry. There are 276 other stocks in this industry, of which 82% are performing better than EVOL.
EVOL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so EVOL is lagging the market.
In the last month EVOL has a been trading in the 1.05 - 2.06 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
EVOL Weekly chart
EVOL Daily chart
Setup Rating and Analysis

3

The technical rating of EVOL 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.

Support and Resistance Analysis

1.07

2.35

3 important resistance areas can be observed.

  • Resistance @1.89 from a trend line in the daily time frame.
  • Resistance @1.97 from a horizontal line in the daily time frame.
  • Resistance @2.33 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.62
Mansfield-4.7
10 Day High1.99
10 Day Low1.05
20 Day High2.06
20 Day Low1.05
52 Week High3.16
52 Week Low1.05
Performance
1 Week-25.52%
2 Weeks-44.62%
1 Month-43.16%
3 Month-43.16%
6 Month-60.29%
12 Month-56.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)17.8
LBB0.96
UBB2.26
EVOL Daily chart

EVOLVING SYSTEMS INC

NASDAQ:EVOL (4/22/2022, 7:00:02 PM)

After market: 1.09 +0.01 (+0.93%)

1.08

-0.09 (-7.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.69%
1 Week-25.52%
2 Weeks-44.62%
1 Month-43.16%
3 Month-43.16%
6 Month-60.29%
12 Month-56.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%10.8%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.99
10 Day Low1.05
20 Day High2.06
20 Day Low1.05
52 Week High3.16
52 Week Low1.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume271.70K
Volume Incr377.99%
Vol(5)277.14K
Vol(50)79.41K