Question 1

What implications does the 10-day RSI indicator have for EVH?

Accepted Answer

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

What does the Stochastic Oscillator suggest about EVH's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did EVH's Momentum indicator behave recently?

Accepted Answer

EVH saw its Momentum Indicator move above the 0 level on August 09, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 87 similar instances where the indicator turned positive. In 79 of the 87 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for EVH?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for EVH just turned positive on August 09, 2024. Looking at past instances where EVH's MACD turned positive, the stock continued to rise in 32 of 43 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for EVH?

Accepted Answer

EVH moved above its 50-day moving average on August 09, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for EVH?

Accepted Answer

The 10-day moving average for EVH crossed bullishly above the 50-day moving average on July 30, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day price advance indicate for EVH?

Accepted Answer

Following a +1.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where EVH advanced for three days, in 279 of 344 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does EVH breaking above its upper Bollinger Band indicate?

Accepted Answer

EVH broke above its upper Bollinger Band on August 09, 2024. 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.

Question 9

How does the Aroon Indicator reflect on EVH's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 225 of 291 cases where EVH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

EVH Stock Evolent Health (EVH, $23) entered Uptrend as Momentum indicator ascends above 0 level on Jun 05, 2024

Momentum Indicator for EVH turns positive, indicating new upward trend

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