EVO PAYMENTS INC-CLASS A (EVOP) Technical Analysis
NASDAQ:EVOP • US26927E1047
Current stock price
EVOP Technical Rating and Analysis
Overall EVOP gets a technical rating of 8 out of 10. Both in the recent history as in the last year, EVOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, EVOP did better than 93% of all other stocks.
- EVOP is one of the better performing stocks in the Financial Services industry, it outperforms 96% of 100 stocks in the same industry.
- EVOP is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EVOP is leading the market.
- 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.
EVOP Weekly and Daily overview Charts
EVOP Setup Rating and Analysis
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. 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.
More info and screens
EVOP Support and Resistance Analysis
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.
EVOP 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.
| 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. |
EVOP Chart- and CandleStick Pattern Analysis
EVOP 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.
| 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 worst case loss on the trade is limited to 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.
EVOP Technicals: Chart, Performance Metrics, Trend & Indicators
33.99
+0.13 (+0.38%)
EVO PAYMENTS INC-CLASS A / EVOP TA FAQ
Can you provide the ChartMill technical rating for EVO PAYMENTS INC-CLASS A?
ChartMill assigns a technical rating of 7 / 10 to EVOP.
What is the current trend direction of EVO PAYMENTS INC-CLASS A (EVOP) stock?
The current trend direction for EVO PAYMENTS INC-CLASS A (EVOP) is Bullish.
Can you provide the RSI signal for EVO PAYMENTS INC-CLASS A?
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.