We assign a technical rating of 0 out of 10 to EVTV. EVTV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EVTV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.21
When analyzing the support we notice one important area.
- A support zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @1.63 from a horizontal 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 EVTV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EVTV is down. |
| ChartMill Relative Strength | 1.53 | NEGATIVE | EVTV has a low relative strength, it was outperformed by 98.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EVTV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVTV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVTV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.8 | NEUTRAL | The RSI value for EVTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EVTV has a positive trend. |
| Stochastics (14,3) | 51.67 | NEUTRAL | The Stochastics value for EVTV is a neutral value. |
| Average True Range in percent/ATR (20) | 10.52 | HIGH VOLATILITY | The high ATR as a percentage value for EVTV suggests high volalility. |
| Average Directional Index/ADX (14) | 12.37 | NEGATIVE | The low ADX value for EVTV suggests a weak or negative trend. |
1.23
+0.04 (+3.36%)
ENVIROTECH VEHICLES INC / EVTV FAQ
What is the ChartMill technical rating of ENVIROTECH VEHICLES INC (EVTV) stock?
ChartMill assigns a technical rating of 0 / 10 to EVTV.
What is the trend direction for EVTV stock?
The current trend direction for ENVIROTECH VEHICLES INC (EVTV) is Bearish.
Can you provide the RSI signal for ENVIROTECH VEHICLES INC?
ENVIROTECH VEHICLES INC (EVTV) has an RSI value of 46.7977. This indicates that the stock is currently neutral.
What is the MACD signal for ENVIROTECH VEHICLES INC (EVTV) stock?
The MACD indicator for ENVIROTECH VEHICLES INC (EVTV) has a value of 0.021874, indicating a bearish trend.
What is the support and resistance level for EVTV stock?
ENVIROTECH VEHICLES INC (EVTV) has a support level at 1.22 and a resistance level at 1.63. Check the full technical report for our detailed analysis of EVTV support and resistance levels.