ENVIVA INC (EVA)

US29415B1035 - Common Stock

0.4198  +0.01 (+2.22%)

Technical Rating and Analysis

1

Taking everything into account, EVA scores 1 out of 10 in our technical rating. EVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, EVA is a bad performer in the overall market: 95% of all stocks are doing better.
EVA is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 91% are performing better than EVA.
EVA 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 EVA is lagging the market.
In the last month EVA has a been trading in the 0.36 - 0.48 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.
Weekly and Daily overview Charts
EVA Weekly chart
EVA Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, EVA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for EVA 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.
Support and Resistance Analysis

0.37

0.54

We found 1 important support area.

  • Support @0.37 from a trend line in the daily time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.46 from a trend line in the daily time frame.
  • Resistance @0.48 from a trend line in the weekly time frame.
  • Resistance @0.51 from a trend line in the weekly time frame.
  • Resistance @0.53 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.74
Mansfield-6.15
10 Day High0.43
10 Day Low0.36
20 Day High0.48
20 Day Low0.36
52 Week High5.93
52 Week Low0.25
Performance
1 Week2.94%
2 Weeks4.98%
1 Month-3.56%
3 Month0.14%
6 Month2.39%
12 Month-92.75%
2 Year-99.3%
3 Year-99.37%
5 Year-98.75%
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
RSI(14)49.59
LBB0.38
UBB0.43
EVA Daily chart

ENVIVA INC

NYSE:EVA (10/3/2024, 8:11:14 PM)

0.4198

+0.01 (+2.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.22%
1 Week2.94%
2 Weeks4.98%
1 Month-3.56%
3 Month0.14%
6 Month2.39%
12 Month-92.75%
2 Year-99.3%
3 Year-99.37%
5 Year-98.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.69%
ATR Inc-56.49%
Range Today0.02
ADR(20)0.03
ADR(20)%7.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.74
Mansfield-6.15
10 Day High0.43
10 Day Low0.36
20 Day High0.48
20 Day Low0.36
52 Week High5.93
52 Week Low0.25
CS1 End0.37
CR1 Start0.43
Volume & EV
DER(3)15.7%
DER(5)5.28%
Volume135.40K
Volume Incr-59.17%
Vol(5)161.54K
Vol(50)346.51K