EVERCORE INC - A (EVR) Stock Technical Analysis
NYSE:EVR - New York Stock Exchange, Inc. - US29977A1051 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to EVR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EVR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
EVR is part of the Capital Markets industry. There are 233 other stocks in this industry. EVR outperforms 91% of them.
EVR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EVR is lagging the market slightly.
In the last month EVR has a been trading in the 238.96 - 301.40 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 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although EVR has an excellent technical rating, it does not present a decent entry opportunity 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
169.19
294.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 268.52 to 270.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @258.18 from a trend line in the daily time frame.
- Support @170.90 from a trend line in the weekly time frame.
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 | 91.7 | POSITIVE | EVR has a high relative strength, it outperformed 91.7% 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) | UP | POSITIVE | The current price of EVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.82 | OVERBOUGHT | The high RSI value suggests EVR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.65 | POSITIVE | The MACD value suggests EVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.55 | OVERBOUGHT | The high Stochastics value suggests EVR may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for EVR suggests some volalility. |
| Average Directional Index/ADX (14) | 51.58 | 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)
291.53
-7.44 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.49%
1 Week1.4%
2 Weeks7.38%
1 Month17.77%
3 Month67.73%
6 Month10.87%
12 Month28.46%
2 Year115.85%
3 Year191.62%
5 Year427.18%
10 Year395.8%
15 Year1141.61%
Volatility
ATR(14)7.73
ATR(20)%2.56%
ATR Inc13.97%
Range Today8.59
ADR(20)6.72
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.7
Mansfield0.8
10 Day High301.4
10 Day Low266.45
20 Day High301.4
20 Day Low238.96
52 Week High324.06
52 Week Low148.63
CS1 End270
CR1 StartN/A
Volume & EV
DER(3)3.14%
DER(5)1.66%
Volume1.02M
Volume Incr9.41%
Vol(5)623.28K
Vol(50)603.40K