EVERCORE INC - A (EVR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:EVR • US29977A1051
We assign a technical rating of 7 out of 10 to EVR. In the last year, EVR was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month EVR has a been trading in the 333.25 - 388.71 range, which is quite wide. It is currently trading near the lows of this range.
- 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!
- EVR is one of the better performing stocks in the Capital Markets industry, it outperforms 87% of 238 stocks in the same industry.
- 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.
- Looking at the yearly performance, EVR did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Volume is considerably higher in the last couple of days.
EVR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 351.13, a Stop Loss order could be placed below this zone. 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
291.07
We found 4 important support areas.
- A support zone ranging from 346.28 to 351.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @338.72 from a horizontal line in the daily time frame.
- Support @324.66 from a trend line in the daily time frame.
- Support @294.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 378.85 to 383.13. 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 | NEUTRAL | NEUTRAL | The short term trend for EVR is neutral. |
| ChartMill Relative Strength | 82.36 | POSITIVE | EVR has a high relative strength, it outperformed 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVR is below a declining 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) | 46.65 | NEUTRAL | The RSI value for EVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.33 | NEGATIVE | The MACD value suggests EVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.49 | NEUTRAL | The Stochastics value for EVR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for EVR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.73 | NEUTRAL | The ADX value for EVR suggests a possible start of a new 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 |
|---|---|---|---|
| 371.34 | 346.27 | 25.07 (6.75%) | 14.81% |
| An entry @371.34. This is a Buy Stop order right above the 10 day high. | An exit @346.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 25.07 points, which is 6.75%. | For a 1.00% total portfolio risk, you can invest 14.81% 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.
351.14
-5.22 (-1.46%)
EVERCORE INC - A / EVR FAQ
What is the ChartMill technical rating of EVERCORE INC - A (EVR) stock?
ChartMill assigns a technical rating of 7 / 10 to EVR.
Can you provide the trend direction for EVERCORE INC - A?
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 46.648. This indicates that the stock is currently neutral.
What is the MACD signal for EVR stock?
The MACD indicator for EVERCORE INC - A (EVR) has a value of -3.32595, indicating a bearish trend.