14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of EVLV
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

EVINE Live Inc. stock price down 2.82% on Monday
(Updated on Mar 18, 2024)

Sell candidate since Mar 01, 2024 Loss -13.10% PDF

The EVINE Live Inc. stock price fell by -2.82% on the last day (Monday, 18th Mar 2024) from $3.55 to $3.45. During the last trading day the stock fluctuated 2.90% from a day low at $3.45 to a day high of $3.55. The price has been going up and down for this period, and there has been a -4.96% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -544 thousand shares and in total, 671 thousand shares were bought and sold for approximately $2.32 million.

The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($3.56) are considered to be a "second chance" to get out. According to the fan-theory $1.82 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

EVLV Signals & Forecast

There are few to no technical positive signals at the moment. The EVINE Live Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.64 and $4.39. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 29, 2024, and so far it has fallen -27.67%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for EVINE Live Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.1000 between high and low, or 2.90%. For the last week, the stock has had daily average volatility of 3.50%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (EVLV) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect EVINE Live Inc. to open at $3.48, and during the day (based on 14 day Average True Range), to move between $3.16 and $3.74, which gives a possible trading interval of +/-$0.287 (+/-8.32%) up or down from last closing price. If EVINE Live Inc. takes out the full calculated possible swing range there will be an estimated 16.64% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $3.63, some $0.180 (5.22%) from the current price of $3.45, our system finds the risk reward not very attractive.

Is EVINE Live Inc. stock A Buy?

EVINE Live Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -6.352 Strong Sell Candidate Unchanged

Predicted Opening Price for EVINE Live Inc. of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
$3.48 ( 0.97%) $3.45

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for EVLV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.58 3.86 %
R2 3.55 2.76 %
R1 3.52 2.07 %
Current price: 3.45
Support S1 3.45 -0.141 %
S2 3.42 -0.83 %
S3 3.38 -1.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.97 15.07 %
R2 3.69 6.96 %
R1 3.63 5.22 %
Current price 3.45
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for EVINE Live Inc. Stock and on which exchange is it traded?
The symbol for EVINE Live Inc. is EVLV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell EVINE Live Inc. Stock?
EVINE Live Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy EVINE Live Inc. Stock?
EVINE Live Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy EVINE Live Inc. Stock.

What's the current price of EVINE Live Inc. Stock?
As of the end of day on the 2024-03-18, the price of an EVINE Live Inc. (EVLV) share was $3.45.

What is the 52-week high and low for EVINE Live Inc. Stock?
The 52-week high for EVINE Live Inc. Stock is $8.30 and the 52-week low is $2.55.

What is the market capitalization of EVINE Live Inc. Stock?
As of the 2024-03-18, the market capitalization of EVINE Live Inc. is 525.031M.

When is the next earnings date for EVINE Live Inc.?
The upcoming earnings date for EVINE Live Inc. is May 08, 2024.
Click to get the best stock tips daily for free!

About EVINE Live Inc.

EVINE Live. Evolv Technologies Holdings, Inc. provides artificial intelligence (AI)-based touchless security screening systems. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives as visitors walk through at a normal pace; Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system ... EVLV Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT