EVNT's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for EVNT turned positive on January 03, 2025. Looking at past instances where EVNT's MACD turned positive, the stock continued to rise in of 30 cases over 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 January 03, 2025. You may want to consider a long position or call options on EVNT as a result. In of 54 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
EVNT moved above its 50-day moving average on January 06, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EVNT advanced for three days, in of 199 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for EVNT crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 9 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 EVNT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Trading
EVNT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, EVNT has been closely correlated with AOA. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if EVNT jumps, then AOA could also see price increases.
| Ticker / NAME | Correlation To EVNT | 1D Price Change % | ||
|---|---|---|---|---|
| EVNT | 100% | N/A | ||
| AOA - EVNT | 76% Closely correlated | +0.78% | ||
| PCEF - EVNT | 72% Closely correlated | +0.72% | ||
| RLY - EVNT | 63% Loosely correlated | +0.46% | ||
| RPAR - EVNT | 55% Loosely correlated | +0.40% | ||
| ARB - EVNT | 44% Loosely correlated | +0.05% | ||
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