EVERCORE INC - A (EVR) Technical Analysis
NYSE:EVR • US29977A1051
Current stock price
EVR Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to EVR. Although EVR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- EVR is one of the better performing stocks in the Capital Markets industry, it outperforms 89% of 239 stocks in the same industry.
- In the last month EVR has a been trading in the 265.87 - 309.82 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that EVR is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- EVR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVR is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EVR Weekly and Daily overview Charts
EVR Setup Rating and Analysis
The technical rating of EVR 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.
More info and screens
EVR Support and Resistance Analysis
264.51
When analyzing the support we can see 2 important areas.
- Support @274.63 from a trend line in the weekly time frame.
- A support zone ranging from 267.18 to 268.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 304.96 to 308.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EVR 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 | DOWN | NEGATIVE | The long term trend for EVR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVR is neutral. |
| ChartMill Relative Strength | 85.44 | POSITIVE | EVR has a high relative strength, it outperformed 85.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EVR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.38 | NEUTRAL | The RSI value for EVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.23 | POSITIVE | The MACD value suggests EVR has a positive trend. |
| Stochastics (14,3) | 84.25 | OVERBOUGHT | The high Stochastics value suggests EVR may be overbought. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for EVR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.63 | POSITIVE | The high ADX value value for EVR suggests a strong trend. |
EVR Chart- and CandleStick Pattern Analysis
EVR Technicals: Chart, Performance Metrics, Trend & Indicators
304.95
+3.67 (+1.22%)
EVERCORE INC - A / EVR TA FAQ
What is the ChartMill technical rating of EVERCORE INC - A (EVR) stock?
ChartMill assigns a technical rating of 3 / 10 to EVR.
Can you provide the trend direction for EVERCORE INC - A?
The current trend direction for EVERCORE INC - A (EVR) is Bearish.
Can you provide the RSI signal for EVERCORE INC - A?
EVERCORE INC - A (EVR) has an RSI value of 56.3774. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EVERCORE INC - A?
The short term momentum for EVERCORE INC - A (EVR) is neutral.