EVOLVING SYSTEMS INC (EVOL) Stock Technical Analysis
NASDAQ:EVOL - Nasdaq - US30049R2094 - Common Stock
We assign a technical rating of 0 out of 10 to EVOL. EVOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than EVOL.
EVOL is one of the lesser performing stocks in the Software industry. 79% of 283 stocks in the same industry do better.
EVOL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so EVOL is lagging the market.
In the last month EVOL has a been trading in the 1.05 - 2.06 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of EVOL is bad and it also does not present a quality setup 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
1.07
2.35
When analyzing the resistance we notice 3 important areas.
- Resistance @1.89 from a trend line in the daily time frame.
- Resistance @1.97 from a horizontal line in the daily time frame.
- Resistance @2.33 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.62
Mansfield-4.7
10 Day High1.99
10 Day Low1.05
20 Day High2.06
20 Day Low1.05
52 Week High3.16
52 Week Low1.05
Performance
1 Week-25.52%
2 Weeks-44.62%
1 Month-43.16%
3 Month-43.16%
6 Month-60.29%
12 Month-56.45%
2 YearN/A
3 YearN/A
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)-0.08
RSI(14)17.8
LBB0.96
UBB2.26
1.08
-0.09 (-7.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.69%
1 Week-25.52%
2 Weeks-44.62%
1 Month-43.16%
3 Month-43.16%
6 Month-60.29%
12 Month-56.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%10.8%
ATR Inc-9.54%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.62
Mansfield-4.7
10 Day High1.99
10 Day Low1.05
20 Day High2.06
20 Day Low1.05
52 Week High3.16
52 Week Low1.05
CS1 EndN/A
CR1 Start1.89
Volume & EV
DER(3)-14.22%
DER(5)-15.24%
Volume271.70K
Volume Incr377.99%
Vol(5)277.14K
Vol(50)79.41K