EVLV Stock Evolv Technologies Holdings (EVLV, $3.25) RSI Indicator left the oversold zone on January 08, 2025

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EVLV - Evolv Technologies Holdings

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Odds of UP Trend

Price: $3.25

Daily change: -$0.26 (-7.41%)

Daily volume: 2M

Capitalization: $512M

Industry: Miscellaneous Commercial Services

EVLV sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for EVLV moved above the 200-day moving average on January 16, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 23, 2025. You may want to consider a long position or call options on EVLV as a result. In of 66 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 EVLV just turned positive on January 23, 2025. Looking at past instances where EVLV's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

EVLV moved above its 50-day moving average on January 23, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where EVLV advanced for three days, in of 204 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The 10-day moving average for EVLV crossed bearishly below the 50-day moving average on January 16, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EVLV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EVLV broke above its upper Bollinger Band on January 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for EVLV entered a downward trend on January 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EVLV’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.313) is normal, around the industry mean (28.636). P/E Ratio (0.000) is within average values for comparable stocks, (86.537). EVLV's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.746). Dividend Yield (0.000) settles around the average of (0.039) among similar stocks. P/S Ratio (9.479) is also within normal values, averaging (12.374).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.