ebook Munafa Stock Market Course + Intraday & FNO calls  

       

NASDAQ Stock EVLO Historical charts - Evelo Biosciences, Inc.

Historical charts for Stock EVLO - Share Evelo Biosciences, Inc. trades in NASDAQ under Health Care Deals in Major Pharmaceuticals

Moving Averages for

  • 5Day Average: 0.35
  • 12Day Average: 0.39
  • 20Day Average: 0.44
  • 50Day Average: 1.11
  • 100Day Average: 4.25
  • 150Day Average: 3.38

EVLO Indicators & signals

Indicator MACD (12,26,9)

0.4, 0.61, -0.27
Indicator MACD is in negative zone

Indicator ADX (14)

0, 70, 70
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 71
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EVLO are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Mon Dec 2023 0.32 0.31 to 0.37 -13.51% 1.58 times
08 Fri Dec 2023 0.37 0.34 to 0.37 8.82% 0.55 times
07 Thu Dec 2023 0.34 0.33 to 0.36 -5.56% 1.92 times
06 Wed Dec 2023 0.36 0.36 to 0.40 -5.26% 0.49 times
05 Tue Dec 2023 0.38 0.37 to 0.40 -5% 0.35 times
04 Mon Dec 2023 0.40 0.35 to 0.41 0% 0.68 times
01 Fri Dec 2023 0.40 0.38 to 0.40 0% 0.62 times
30 Thu Nov 2023 0.40 0.39 to 0.42 -2.44% 0.69 times
29 Wed Nov 2023 0.41 0.40 to 0.43 0% 0.7 times
28 Tue Nov 2023 0.41 0.38 to 0.44 -2.38% 1.07 times
27 Mon Nov 2023 0.42 0.39 to 0.50 -12.5% 2.92 times
24 Fri Nov 2023 0.48 0.46 to 0.59 -21.31% 2.92 times

Technical analysis forecast for EVLO Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT EVLO EVLO at this time. Stock is falling and might fall more.

It appears as if EVLO EVLO gave a large move recently.

Stock of EVLO (EVLO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of EVLO is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if EVLO stays below 0.4, but if it comes above 0.4, then a intra day buy could be more profitable.
If you take a sell trade below 0.4, then use 0.4 as stoploss and 0.2 as target. However if you take a buy trade in EVLO, then use 0.4 as stoploss and 0.48 as target.

Tomorrow's movement Prediction of EVLO looks Bearish... There has been some negative changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of EVLO is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 0.35

Tomorrow's movement Prediction of EVLO is strongly bearish. It has broken a strong support of 2 and is expected to move down further.

Munafa value: 10

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Videos related to: NASDAQ Stock EVLO Historical charts - Share Evelo Biosciences, Inc.

How To Draw Trend Lines On Stock Charts For Beginners, Hindi Video - MunafaSutra

Hindi Video Most Important Stock Market Video. No Success Without This Formula

NASDAQ Stock EVLO Historical charts - Share Evelo Biosciences, Inc.

 

Back to top