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EVONIK INDUSTRIES AG (EVK.DE) Stock Technical Analysis

FRA:EVK - Deutsche Boerse Ag - DE000EVNK013 - Common Stock - Currency: EUR

18.06  -0.02 (-0.11%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to EVK. Recently some decent action could be observed, but in the medium term time frame this is still negative. EVK was also a bad performer in the overall market in the last year.

64% of all other stocks performed better in the past year than EVK.
In the last month EVK has a been trading in the 16.32 - 18.36 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EVK is an average performer in the Chemicals industry, it outperforms 69% of 60 stocks in the same industry.
EVK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EVK is lagging the market.
Weekly and Daily overview Charts
EVONIK INDUSTRIES AG / EVK Weekly stock chart
EVONIK INDUSTRIES AG / EVK Daily stock chart
Setup Rating and Analysis

8

EVK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.01, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

16.15

20.92

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 17.79 to 18.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.67 from a horizontal line in the weekly time frame.
  • A support zone ranging from 16.31 to 16.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 18.14 to 18.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @20.71 from a horizontal 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
CRS36.83
Mansfield-1.15
10 Day High18.36
10 Day Low17.61
20 Day High18.36
20 Day Low16.32
52 Week High21.27
52 Week Low16.13
Performance
1 Week-0.11%
2 Weeks2.03%
1 Month8.72%
3 Month-1.28%
6 Month-0.19%
12 Month6.86%
2 Year-10.63%
3 Year-32.76%
5 Year-19.32%
10 Year-40.63%
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)62.25
LBB17.28
UBB18.44
EVONIK INDUSTRIES AG / EVK Daily stock chart

EVONIK INDUSTRIES AG

FRA:EVK (2/5/2025, 9:25:03 AM)

18.06

-0.02 (-0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.11%
1 Week-0.11%
2 Weeks2.03%
1 Month8.72%
3 Month-1.28%
6 Month-0.19%
12 Month6.86%
2 Year-10.63%
3 Year-32.76%
5 Year-19.32%
10 Year-40.63%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.8%
ATR Inc14.66%
Range Today0.09
ADR(20)0.31
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.83
Mansfield-1.15
10 Day High18.36
10 Day Low17.61
20 Day High18.36
20 Day Low16.32
52 Week High21.27
52 Week Low16.13
CS1 End18.01
CR1 Start18.14
Volume & EV
DER(3)0.81%
DER(5)0.16%
Volume12.49K
Volume Incr24.18%
Vol(5)1.03M
Vol(50)885.69K