Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
M Evo Global Acquisition Corp II Class A Ordinary Shares

MEVO Technical Analysis Summary (NASDAQ)

Analyze MEVO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MEVO●NASDAQ
Financial ServicesShell Companies
$10.02
$0.02(0.20%)
U.S. Market opens in 31h 6m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MEVO Technical Analysis Summary (NASDAQ)

M Evo Global Acquisition Corp II Class A Ordinary Shares (NASDAQ: MEVO) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.96)
Trend Strength:Very Strong (ADX: 57.19)
Volatility:Low (ATR: 0.09)
Support/Resistance:$9.94 – $10.04 (Bollinger Bands)

Technical conditions suggest M Evo Global Acquisition Corp II Class A Ordinary Shares on the NASDAQ is awaiting a decisive move. Overall, M Evo Global Acquisition Corp II Class A Ordinary Shares remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 66.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 29.12

Bearish
Momentum remains weak below midpoint.

Williams %R: -94.42

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.56

Neutral
Price change is minimal.

Takeaway:M Evo Global Acquisition Corp II Class A Ordinary Shares shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 57.19

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 9.83

Neutral
Neutral, no strong directional signal.

Takeaway:M Evo Global Acquisition Corp II Class A Ordinary Shares shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.04
Middle Band (SMA 20)
$9.99
Lower Band
$9.94
Current Position
Within Bands

Takeaway:M Evo Global Acquisition Corp II Class A Ordinary Shares trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$10.17
Middle Line (EMA 20)
$9.99
Lower Channel
$9.82
Squeeze Status
Squeeze On

Takeaway:M Evo Global Acquisition Corp II Class A Ordinary Shares trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.48M
Money Flow Index99.88Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index56.62Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MEVO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of M Evo Global Acquisition Corp II Class A Ordinary Shares (NASDAQ: MEVO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:M Evo Global Acquisition Corp II Class A Ordinary Shares stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(NASDAQ: MEVO) Technical Analysis FAQ