AEVA TECHNOLOGIES INC (AEVA) Stock Technical Analysis
NASDAQ:AEVA - Nasdaq - US00835Q2021 - Common Stock - Currency: USD
Overall AEVA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AEVA is showing a nice and steady performance.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AEVA did better than 98% of all other stocks. We also observe that the gains produced by AEVA over the past year are nicely spread over this period.
AEVA is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. AEVA outperforms 97% of them.
AEVA has an average volume of 1045130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AEVA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AEVA has a been trading in the 4.72 - 8.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, AEVA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.11
6.24
When analyzing the support we notice one important area.
- A support zone ranging from 6.17 to 6.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield6.9
10 Day High8.12
10 Day Low5.8
20 Day High8.12
20 Day Low4.72
52 Week High8.12
52 Week Low2.2
Performance
1 Week-13.93%
2 Weeks-2.52%
1 Month30.38%
3 Month43.39%
6 Month52.59%
12 Month100%
2 Year24.61%
3 Year-62.32%
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)-0.17
RSI(14)50.74
LBB5.84
UBB8.06
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 |
|---|---|---|---|
| 7.01 | 6.16 | 0.85 (12.07%) | 8.29% |
| An entry @7.01. This is a Buy Stop order right above the 10 day moving average. | An exit @6.16. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.85 points, which is 12.07%. | When investing 8.29% 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.
6.18
-0.12 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.83%
1 Week-13.93%
2 Weeks-2.52%
1 Month30.38%
3 Month43.39%
6 Month52.59%
12 Month100%
2 Year24.61%
3 Year-62.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%12.97%
ATR Inc-9.21%
Range Today0.35
ADR(20)0.78
ADR(20)%12.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield6.9
10 Day High8.12
10 Day Low5.8
20 Day High8.12
20 Day Low4.72
52 Week High8.12
52 Week Low2.2
CS1 End6.17
CR1 StartN/A
Volume & EV
DER(3)0.55%
DER(5)2.15%
Volume979.80K
Volume Incr-14.43%
Vol(5)1.56M
Vol(50)1.05M