EVERCORE INC - A (EVR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EVR - US29977A1051 - Common Stock
Overall EVR gets a technical rating of 6 out of 10. Although EVR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, EVR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 316.33, a Stop Loss order could be placed below this zone.
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288.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 309.84 to 316.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @302.57 from a trend line in the daily time frame.
- A support zone ranging from 291.65 to 294.55. This zone is formed by a combination of multiple trend lines 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 | 65.7 | NEUTRAL | EVR is not amongst the best or worst performers 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 | MIXED | The current price of EVR is above a declining 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) | 60.48 | NEUTRAL | The RSI value for EVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.81 | POSITIVE | The MACD value suggests EVR has a positive trend. |
| Stochastics (14,3) | 85.62 | OVERBOUGHT | The high Stochastics value suggests EVR may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for EVR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for EVR suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 328.30 | 309.83 | 18.47 (5.63%) | 17.77% |
| An entry @328.30. This is a Buy Stop order right above the 10 day high. | An exit @309.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 18.47 points, which is 5.63%. | For a 1.00% total portfolio risk, you can invest 17.77% of your capital in this trade. |
- 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.
327.39
+8.69 (+2.73%)
EVERCORE INC - A / EVR FAQ
What is the ChartMill technical rating of EVERCORE INC - A (EVR) stock?
ChartMill assigns a technical rating of 6 / 10 to EVR.
What is the current trend direction of EVERCORE INC - A (EVR) stock?
The current trend direction for EVERCORE INC - A (EVR) is Bullish.
What is the RSI signal for EVERCORE INC - A (EVR) stock?
EVERCORE INC - A (EVR) has an RSI value of 60.4787. This indicates that the stock is currently neutral.
What is the buy/sell signal for EVR stock?
The buy/sell signal for EVERCORE INC - A (EVR) is buy as both the short term and long term trends are positive.
What is the support and resistance level for EVR stock?
EVERCORE INC - A (EVR) has a support level at 316.33. Check the full technical report for our detailed analysis of EVR support and resistance levels.