ENVIROTECH VEHICLES INC (EVTV) Technical Analysis
NASDAQ:EVTV • US29414V3087
Overall EVTV gets a technical rating of 1 out of 10. EVTV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, EVTV is a bad performer in the overall market: 85% of all stocks are doing better.
- EVTV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVTV is lagging the market.
- In the last month EVTV has a been trading in the 1.24 - 2.34 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- EVTV has an average volume of 34383200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EVTV is an average performer in the Automobiles industry, it outperforms 55% of 35 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
The technical rating of EVTV is bad and it also does not present a quality setup 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
1.25
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.45 from a trend line in the weekly time frame.
- Resistance @1.66 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 | 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 | 15.27 | NEGATIVE | EVTV has a low relative strength, it was outperformed by 84.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVTV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EVTV is below the rising 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) | 34.76 | NEUTRAL | The RSI value for EVTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests EVTV has a negative trend. |
| Stochastics (14,3) | 4.46 | OVERSOLD | The low Stochastics value suggests EVTV may be oversold. |
| Average True Range in percent/ATR (20) | 13.69 | HIGH VOLATILITY | The high ATR as a percentage value for EVTV suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for EVTV suggests a weak or negative trend. |
EVTV Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:EVTV (3/9/2026, 2:06:12 PM)
1.265
-0.05 (-3.44%)
ENVIROTECH VEHICLES INC / EVTV FAQ
What is the ChartMill technical rating of ENVIROTECH VEHICLES INC (EVTV) stock?
ChartMill assigns a technical rating of 1 / 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 34.7644. 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 -0.0700675, 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 1.45. Check the full technical report for our detailed analysis of EVTV support and resistance levels.