EVOLUTION AB (EVO.ST) Stock Technical Analysis
STO:EVO - Nasdaq Stockholm AB - SE0012673267 - Common Stock - Currency: SEK
Overall EVO gets a technical rating of 3 out of 10. In the past year, EVO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, EVO is a bad performer in the overall market: 84% of all stocks are doing better.
EVO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
EVO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
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.
Although the technical rating is bad, EVO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 825.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 818.54, a Stop Loss order could be placed below this zone.
More info and screens
791.12
1,273.27
We found 1 important support area.
- A support zone ranging from 799.11 to 818.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 825.81 to 825.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 848.12 to 849.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @969.26 from a trend line in the daily time frame.
- Resistance @1260.66 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
CRS16.83
Mansfield-1.3
10 Day High838
10 Day Low727.8
20 Day High838
20 Day Low688.8
52 Week High1253.5
52 Week Low688.8
Performance
1 Week0.07%
2 Weeks8.86%
1 Month2.99%
3 Month-2.89%
6 Month-21.3%
12 Month-34.83%
2 Year-39.55%
3 Year-19.82%
5 Year84.32%
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)8.9
RSI(14)62.16
LBB711.75
UBB860.11
STO:EVO (4/25/2025, 5:30:45 PM)
825.4
+9.2 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.13%
1 Week0.07%
2 Weeks8.86%
1 Month2.99%
3 Month-2.89%
6 Month-21.3%
12 Month-34.83%
2 Year-39.55%
3 Year-19.82%
5 Year84.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)25.34
ATR(20)%2.85%
ATR Inc-58.62%
Range Today7.1
ADR(20)21.31
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.83
Mansfield-1.3
10 Day High838
10 Day Low727.8
20 Day High838
20 Day Low688.8
52 Week High1253.5
52 Week Low688.8
CS1 End818.54
CR1 Start825.81
Volume & EV
DER(3)0.32%
DER(5)0.33%
Volume213.88K
Volume Incr-39.04%
Vol(5)216.07K
Vol(50)304.49K