Evans Bancorp Stock Momentum Indicators Average Directional Movement Index

EVBN Stock  USD 44.92  0.76  1.72%   
Evans Bancorp momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Evans Bancorp. Evans Bancorp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Evans Bancorp are pattern recognition functions that provide distinct formation on Evans Bancorp potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of Evans Bancorp and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Evans Bancorp ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Evans Bancorp Technical Analysis Modules

Most technical analysis of Evans Bancorp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Evans from various momentum indicators to cycle indicators. When you analyze Evans charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Evans Bancorp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Evans Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evans Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Evans Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Evans Bancorp's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Evans Bancorp's intrinsic value. In addition to deriving basic predictive indicators for Evans Bancorp, we also check how macroeconomic factors affect Evans Bancorp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02980.03380.0420.0232
Price To Sales Ratio2.42.231.831.74
Hype
Prediction
LowEstimatedHigh
42.4844.7547.02
Details
Intrinsic
Valuation
LowRealHigh
37.3039.5749.41
Details
Naive
Forecast
LowNextHigh
42.2344.5046.78
Details
1 Analysts
Consensus
LowTargetHigh
26.6929.3332.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Evans Bancorp. Your research has to be compared to or analyzed against Evans Bancorp's peers to derive any actionable benefits. When done correctly, Evans Bancorp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Evans Bancorp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Evans Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Evans Bancorp's short interest history, or implied volatility extrapolated from Evans Bancorp options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Evans Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evans Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evans Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evans Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evans Bancorp. If investors know Evans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evans Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
1.32
Earnings Share
3.35
Revenue Per Share
14.907
Quarterly Revenue Growth
(0.1)
The market value of Evans Bancorp is measured differently than its book value, which is the value of Evans that is recorded on the company's balance sheet. Investors also form their own opinion of Evans Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Evans Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evans Bancorp's market value can be influenced by many factors that don't directly affect Evans Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evans Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evans Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evans Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.