Overall EVTV gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EVTV was also a bad performer in the overall market in the last year.
- 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 has an average volume of 34015200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- EVTV is an average performer in the Automobiles industry, it outperforms 52% of 35 stocks in the same industry.
- 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 0.35 - 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.
EVTV has an average technical rating and also the quality of the setup is only medium 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
1.88
When analyzing the support we notice one important area.
- A support zone ranging from 1.90 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @3.64 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 | NEUTRAL | NEUTRAL | The short term trend for EVTV is neutral. |
| ChartMill Relative Strength | 15.09 | NEGATIVE | EVTV has a low relative strength, it was outperformed by 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EVTV is below 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) | 49.78 | 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. |
| Stochastics (14,3) | 33.5 | NEUTRAL | The Stochastics value for EVTV is a neutral value. |
| Average True Range in percent/ATR (20) | 34.32 | HIGH VOLATILITY | The high ATR as a percentage value for EVTV suggests high volalility. |
| Average Directional Index/ADX (14) | 40.85 | POSITIVE | The high ADX value value for EVTV suggests a strong trend. |
1.91
-0.12 (-5.91%)
ENVIROTECH VEHICLES INC / EVTV FAQ
What is the ChartMill technical rating of ENVIROTECH VEHICLES INC (EVTV) stock?
ChartMill assigns a technical rating of 4 / 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 49.784. 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 -0.0988708, indicating a bearish trend.
What are the support and resistance levels for ENVIROTECH VEHICLES INC (EVTV) stock?
ENVIROTECH VEHICLES INC (EVTV) has a support level at 1.9 and a resistance level at 3.64. Check the full technical report for our detailed analysis of EVTV support and resistance levels.