EVERCORE INC - A (EVR) Stock Technical Analysis
NYSE:EVR - New York Stock Exchange, Inc. - US29977A1051 - Common Stock - Currency: USD
Overall EVR gets a technical rating of 9 out of 10. In the last year, EVR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
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.
EVR is part of the Capital Markets industry. There are 232 other stocks in this industry. EVR outperforms 87% of them.
EVR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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.
Besides having an excellent technical rating, EVR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
167.23
250.15
2 important support areas can be observed.
- A support zone ranging from 224.06 to 226.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @168.92 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 241.40 to 247.67. This zone is formed by a combination of multiple trend lines and important moving averages 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 EVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVR is up. |
| ChartMill Relative Strength | 85.89 | POSITIVE | EVR has a high relative strength, it outperformed 85.89% 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) | UP | POSITIVE | The current price of EVR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.49 | NEUTRAL | The RSI value for EVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests EVR has a negative trend. |
| Stochastics (14,3) | 79.96 | NEUTRAL | The Stochastics value for EVR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for EVR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.47 | POSITIVE | The high ADX value value for EVR suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 247.68 | 228.17 | 19.51 (7.88%) | 12.70% |
| An entry @247.68. This is a Buy Stop order right above the resistance zone. | An exit @228.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 19.51 points, which is 7.88%. | When investing 12.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
240.12
-7.06 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.86%
1 Week-2.19%
2 Weeks3.73%
1 Month1.2%
3 Month19.6%
6 Month-18.75%
12 Month21.73%
2 Year94.29%
3 Year156.51%
5 Year307.54%
10 Year345%
15 Year928.35%
Volatility
ATR(14)6.06
ATR(20)%2.71%
ATR Inc9.78%
Range Today5.52
ADR(20)5.84
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.89
Mansfield-0.61
10 Day High250.2
10 Day Low228.18
20 Day High250.2
20 Day Low217.19
52 Week High324.06
52 Week Low148.63
CS1 End226.34
CR1 Start241.4
Volume & EV
DER(3)0.72%
DER(5)0.01%
Volume487.00K
Volume Incr-7.07%
Vol(5)515.58K
Vol(50)743.63K