EVLN stock forecast, quote, news & analysis
The investment seeks to provide a high level of current income... Show more
EVLN in upward trend: price rose above 50-day moving average on April 29, 2025
EVLN moved above its 50-day moving average on April 29, 2025 date and that indicates a change from a downward trend to an upward trend. In of 1 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on EVLN as a result. In of 9 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for EVLN just turned positive on April 22, 2025. Looking at past instances where EVLN's MACD turned positive, the stock continued to rise in of 10 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EVLN advanced for three days, in of 82 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 186 cases where EVLN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVLN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .