EVO PAYMENTS INC-CLASS A (EVOP) Stock Technical Analysis
USA - NASDAQ:EVOP - US26927E1047 - Common Stock
Overall EVOP gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EVOP is showing a nice and steady performance.
EVOP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 34.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.65
2 important support areas can be observed.
- A support zone ranging from 33.28 to 33.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.00 to 34.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 EVOP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVOP is neutral. |
| ChartMill Relative Strength | 93.3 | POSITIVE | EVOP has a high relative strength, it outperformed 93.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVOP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVOP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EVOP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.94 | NEUTRAL | The RSI value for EVOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EVOP has a positive trend. |
| Stochastics (14,3) | 86.84 | OVERBOUGHT | The high Stochastics value suggests EVOP may be overbought. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for EVOP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for EVOP suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.24 | 33.49 | 0.75 (2.19%) | 25.00% |
| An entry @34.24. This is a Buy Stop order right above the resistance zone. | An exit @33.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.75 points, which is 2.19%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
33.99
+0.13 (+0.38%)
EVO PAYMENTS INC-CLASS A / EVOP FAQ
What is the technical rating for EVOP stock?
ChartMill assigns a technical rating of 7 / 10 to EVOP.
Can you provide the trend direction for EVO PAYMENTS INC-CLASS A?
The current trend direction for EVO PAYMENTS INC-CLASS A (EVOP) is Bullish.
What is the RSI signal for EVO PAYMENTS INC-CLASS A (EVOP) stock?
EVO PAYMENTS INC-CLASS A (EVOP) has an RSI value of 62.9391. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVO PAYMENTS INC-CLASS A?
The short term momentum for EVO PAYMENTS INC-CLASS A (EVOP) is neutral.
What is the support and resistance level for EVOP stock?
EVO PAYMENTS INC-CLASS A (EVOP) has a support level at 33.86 and a resistance level at 34. Check the full technical report for our detailed analysis of EVOP support and resistance levels.