AEVA TECHNOLOGIES INC (AEVA)
US00835Q2021 - Common Stock
We assign a technical rating of 6 out of 10 to AEVA. In the last year, AEVA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month AEVA has a been trading in the 3.60 - 4.58 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.
AEVA is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. AEVA outperforms 77% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, AEVA did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
AEVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AEVA is lagging the market.
AEVA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AEVA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.50
6.24
2 important support areas can be observed.
- A support zone ranging from 3.63 to 3.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.53 to 2.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.28 from a trend line in the daily time frame.
- Resistance @4.51 from a trend line in the weekly time frame.
- Resistance @6.18 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.59
Mansfield-1.21
10 Day High4.57
10 Day Low3.66
20 Day High4.58
20 Day Low3.6
52 Week High7.25
52 Week Low2.2
Performance
1 Week-11.54%
2 Weeks-4.42%
1 Month-5.88%
3 Month22.26%
6 Month7.92%
12 Month38.71%
2 Year-56.19%
3 Year-92.6%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)44.89
LBB3.53
UBB4.42
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.03 | 3.65 | 0.39 (9.64%) | 10.37% |
| An entry @4.03. This is a Buy Stop order right above the 10 day moving average. | An exit @3.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 9.64%. | When investing 10.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AEVA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AEVA TECHNOLOGIES INC
NYSE:AEVA (11/18/2024, 8:07:27 PM)
Premarket: 3.7 +0.02 (+0.54%)3.68
-0.05 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.34%
1 Week-11.54%
2 Weeks-4.42%
1 Month-5.88%
3 Month22.26%
6 Month7.92%
12 Month38.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%9.06%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.57
10 Day Low3.66
20 Day High4.58
20 Day Low3.6
52 Week High7.25
52 Week Low2.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume289.80K
Volume Incr-5.61%
Vol(5)309.40K
Vol(50)256.61K