VERTICAL AEROSPACE LTD (EVTL) Stock Technical Analysis
USA - NYSE:EVTL - KYG9471C2068 - Common Stock
We assign a technical rating of 0 out of 10 to EVTL. EVTL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EVTL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
4.04
We can see 4 important resistance areas.
- A resistance zone ranging from 4.39 to 4.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.58 from a trend line in the weekly time frame.
- Resistance @5.51 from a trend line in the weekly time frame.
- Resistance @5.95 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for EVTL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVTL is down. |
| ChartMill Relative Strength | 17.85 | NEGATIVE | EVTL has a low relative strength, it was outperformed by 82.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVTL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVTL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.37 | NEUTRAL | The RSI value for EVTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EVTL has a negative trend. |
| Stochastics (14,3) | 27.08 | NEUTRAL | The Stochastics value for EVTL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.14 | HIGH VOLATILITY | The high ATR as a percentage value for EVTL suggests high volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for EVTL suggests a weak or negative trend. |
4.08
-0.02 (-0.49%)
VERTICAL AEROSPACE LTD / EVTL FAQ
What is the ChartMill technical rating of VERTICAL AEROSPACE LTD (EVTL) stock?
ChartMill assigns a technical rating of 0 / 10 to EVTL.
What is the trend direction for EVTL stock?
The current trend direction for VERTICAL AEROSPACE LTD (EVTL) is Bearish.
What is the RSI signal for EVTL stock?
VERTICAL AEROSPACE LTD (EVTL) has an RSI value of 36.3723. This indicates that the stock is currently neutral.
What is the buy/sell signal for VERTICAL AEROSPACE LTD (EVTL) stock?
The buy/sell signal for VERTICAL AEROSPACE LTD (EVTL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for EVTL stock?
VERTICAL AEROSPACE LTD (EVTL) has a resistance level at 4.39. Check the full technical report for our detailed analysis of EVTL support and resistance levels.