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EVO PAYMENTS INC-CLASS A (EVOP) Stock Technical Analysis

NASDAQ:EVOP - Nasdaq - US26927E1047 - Common Stock - Currency: USD

33.99  +0.13 (+0.38%)

After market: 33.98 -0.01 (-0.03%)

Technical Rating and Analysis

8

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.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that EVOP is one of the better performing stocks in the market, outperforming 93% of all stocks.
EVOP is one of the better performing stocks in the Financial Services industry, it outperforms 93% of 101 stocks in the same industry.
A new 52 week high is currently being made by EVOP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month EVOP has a been trading in a tight range between 33.50 and 34.01.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EVO PAYMENTS INC-CLASS A / EVOP Weekly stock chart
EVO PAYMENTS INC-CLASS A / EVOP Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, EVOP 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. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

22.65

34.57

When analyzing the support we can see 2 important areas.

  • 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for EVOP is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for EVOP is neutral.
ChartMill Relative Strength93.3POSITIVEEVOP has a high relative strength, it outperformed 93.3% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of EVOP is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of EVOP is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of EVOP is above the rising SMA(200).
Relative Strength Index/RSI (14)62.94NEUTRALThe RSI value for EVOP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests EVOP has a positive trend.
Stochastics (14,3)86.84OVERBOUGHTThe high Stochastics value suggests EVOP may be overbought.
Average True Range in percent/ATR (20)0.29LOW VOLATILITYThe low ATR as a percentage value for EVOP suggests low volalility.
Average Directional Index/ADX (14)19.73NEGATIVEThe low ADX value for EVOP suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
34.2433.490.75 (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%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%.

  • 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.
EVO PAYMENTS INC-CLASS A / EVOP Daily stock chart

EVO PAYMENTS INC-CLASS A

NASDAQ:EVOP (3/23/2023, 8:00:02 PM)

After market: 33.98 -0.01 (-0.03%)

33.99

+0.13 (+0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.38%
1 Week0.35%
2 Weeks0.47%
1 Month0.47%
3 Month0.53%
6 Month1.98%
12 Month46.76%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.29%
ATR Inc5.79%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.3
Mansfield1.33
10 Day High34.01
10 Day Low33.5
20 Day High34.01
20 Day Low33.5
52 Week High34.01
52 Week Low21.01
CS1 End33.86
CR1 Start34
Volume & EV
DER(3)-1.89%
DER(5)-1.27%
Volume2.95M
Volume Incr44.89%
Vol(5)1.09M
Vol(50)695.78K