EVOLENT HEALTH INC - A (EVH) Stock Technical Analysis
NYSE:EVH - New York Stock Exchange, Inc. - US30050B1017 - Common Stock - Currency: USD
Taking everything into account, EVH scores 0 out of 10 in our technical rating. EVH 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EVH is a bad performer in the overall market: 89% of all stocks are doing better.
EVH is part of the Health Care Technology industry. There are 37 other stocks in this industry, of which 63% are performing better than EVH.
EVH is currently trading near the lower end of its 52 week range, which is not a good sign. EVH is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month EVH has a been trading in the 8.40 - 10.22 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.
EVH has an average volume of 2724020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EVH has a poor technical rating and the quality of the setup is also not perfect 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
8.39
10.24
When analyzing the support we notice one important area.
- Support @8.47 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @9.12 from a trend line in the daily time frame.
- A resistance zone ranging from 9.39 to 9.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.79 from a trend line in the daily time frame.
- A resistance zone ranging from 10.01 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS11.58
Mansfield-4.93
10 Day High10.22
10 Day Low8.4
20 Day High10.22
20 Day Low8.4
52 Week High33.63
52 Week Low8.35
Performance
1 Week-11.64%
2 Weeks-7.98%
1 Month-10.64%
3 Month-14.36%
6 Month-63.99%
12 Month-68.72%
2 Year-76.24%
3 Year-68.57%
5 Year19.97%
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)-0.13
RSI(14)36.96
LBB8.48
UBB10.58
8.65
+0.17 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg2%
1 Week-11.64%
2 Weeks-7.98%
1 Month-10.64%
3 Month-14.36%
6 Month-63.99%
12 Month-68.72%
2 Year-76.24%
3 Year-68.57%
5 Year19.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%6.18%
ATR Inc-18.37%
Range Today0.29
ADR(20)0.53
ADR(20)%6.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.58
Mansfield-4.93
10 Day High10.22
10 Day Low8.4
20 Day High10.22
20 Day Low8.4
52 Week High33.63
52 Week Low8.35
CS1 End8.47
CR1 Start9.12
Volume & EV
DER(3)-1.91%
DER(5)-0.11%
Volume3.53M
Volume Incr8.79%
Vol(5)2.50M
Vol(50)2.72M