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 6 out of 10 to EVR. In the past year, EVR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, EVR outperforms 56% of them, which is more or less in line with the market.
EVR is part of the Capital Markets industry. There are 230 other stocks in this industry, EVR did better than 64% of them.
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.
In the last month EVR has a been trading in the 192.77 - 242.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
EVR has an average technical rating and the quality of the presented setup is also not ideal 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
165.76
261.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 218.62 to 226.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @167.43 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 238.18 to 241.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @251.42 from a trend line in the daily time frame.
- Resistance @259.14 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 | NEUTRAL | NEUTRAL | The long term trend for EVR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVR is up. |
| ChartMill Relative Strength | 56.72 | 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) | 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) | 56.46 | NEUTRAL | The RSI value for EVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests EVR has a negative trend. |
| Stochastics (14,3) | 52.81 | NEUTRAL | The Stochastics value for EVR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for EVR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.84 | 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)
226.1
+0.58 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.26%
1 Week-6.41%
2 Weeks4.24%
1 Month14.43%
3 Month-9.61%
6 Month-27.38%
12 Month10.61%
2 Year109.45%
3 Year97.99%
5 Year310.27%
10 Year343.59%
15 Year593.56%
Volatility
ATR(14)8.43
ATR(20)%3.89%
ATR Inc-8.64%
Range Today9.8
ADR(20)7.53
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.72
Mansfield-0.84
10 Day High242.92
10 Day Low217.19
20 Day High242.92
20 Day Low192.77
52 Week High324.06
52 Week Low148.63
CS1 End226.09
CR1 Start238.18
Volume & EV
DER(3)0.22%
DER(5)1.1%
Volume322.40K
Volume Incr-40.89%
Vol(5)450.00K
Vol(50)780.73K