We assign a technical rating of 7 out of 10 to EVTV. Although EVTV has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- EVTV is part of the Automobiles industry. There are 35 other stocks in this industry. EVTV outperforms 94% of them.
- EVTV has an average volume of 34172300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, EVTV did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- EVTV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVTV is lagging the market.
- In the last month EVTV has a been trading in the 0.46 - 4.91 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.
Although EVTV has an excellent technical rating, it does not present a decent entry opportunity 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
2.28
We found 1 important support area.
- A support zone ranging from 2.30 to 2.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @2.65 from a trend line in the weekly time frame.
- Resistance @2.74 from a trend line in the weekly time frame.
- Resistance @3.63 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 | NEUTRAL | NEUTRAL | The long term trend for EVTV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVTV is up. |
| ChartMill Relative Strength | 85.94 | POSITIVE | EVTV has a high relative strength, it outperformed 85.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EVTV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.61 | NEUTRAL | The RSI value for EVTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EVTV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.52 | NEUTRAL | The Stochastics value for EVTV is a neutral value. |
| Average True Range in percent/ATR (20) | 29.9 | HIGH VOLATILITY | The high ATR as a percentage value for EVTV suggests high volalility. |
| Average Directional Index/ADX (14) | 38.78 | POSITIVE | The high ADX value value for EVTV suggests a strong trend. |
NASDAQ:EVTV (2/4/2026, 9:35:10 AM)
2.5731
+0.26 (+11.39%)
ENVIROTECH VEHICLES INC / EVTV FAQ
What is the ChartMill technical rating of ENVIROTECH VEHICLES INC (EVTV) stock?
ChartMill assigns a technical rating of 7 / 10 to EVTV.
What is the current trend direction of ENVIROTECH VEHICLES INC (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 54.6124. This indicates that the stock is currently neutral.
What is the MACD signal for EVTV stock?
The MACD indicator for ENVIROTECH VEHICLES INC (EVTV) has a value of -0.0989005, indicating a bearish trend.
What are the support and resistance levels for ENVIROTECH VEHICLES INC (EVTV) stock?
ENVIROTECH VEHICLES INC (EVTV) has a resistance level at 2.31. Check the full technical report for our detailed analysis of EVTV support and resistance levels.