ENVIROTECH VEHICLES INC (EVTV) Stock Technical Analysis
NASDAQ:EVTV - Nasdaq - US29414V2097 - Common Stock - Currency: USD
Overall EVTV gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than EVTV.
EVTV is part of the Automobiles industry. There are 37 other stocks in this industry, of which 86% are performing better than EVTV.
EVTV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 0.16 - 0.26 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of EVTV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.16
0.27
We can see 2 important resistance areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 1.91 | NEGATIVE | EVTV has a low relative strength, it was outperformed by 98.09% 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) | 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) | 28.61 | OVERSOLD | The low RSI value suggests EVTV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EVTV has a negative trend. |
| Stochastics (14,3) | 28.08 | NEUTRAL | The Stochastics value for EVTV is a neutral value. |
| Average True Range in percent/ATR (20) | 14.99 | HIGH VOLATILITY | The high ATR as a percentage value for EVTV suggests high volalility. |
| Average Directional Index/ADX (14) | 40.82 | POSITIVE | The high ADX value value for EVTV 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)
0.1636
0 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-2.62%
1 Week-18.2%
2 Weeks-12.7%
1 Month-34.3%
3 Month-36.34%
6 Month-88.06%
12 Month-87.61%
2 Year-92.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%14.99%
ATR Inc24.78%
Range Today0.01
ADR(20)0.02
ADR(20)%14.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-8.6
10 Day High0.22
10 Day Low0.16
20 Day High0.26
20 Day Low0.16
52 Week High2.61
52 Week Low0.16
CS1 EndN/A
CR1 Start0.23
Volume & EV
DER(3)-10.82%
DER(5)-5.15%
Volume783.80K
Volume Incr332.5%
Vol(5)3.01M
Vol(50)647.53K