Evolus Inc. stock trades under the ticker EOLS & is a medical aesthetics company.
EOLS stock closed at $11.40/share on 8/4/2021, after completing a bullish MACD crossover, a sign of technical strength with more growth to come.
EOLS Stock Price: $11.40
10 Day Moving-Average: $10.98
50 Day Moving-Average: $11.84
200 Day Moving-Average: $8.61
RSI: 49
MACD: -0.264
EOLS’s RSI is slightly oversold at 49, showing that there is more room to breakout higher safely.
Additionally, the 10 Day Moving-Average is ~8% away from crossing the 50 Day MA.
The share price is ~3% from testing the 50 Day MA, which will also help push the price level higher & add to positive momentum.
From a short-term perspective this looks great for EOLS, similarly from a longterm perspective their share price is well above their 200 Day Moving-Average.
For options traders, the $10 Calls have an attractive Delta of 0.759.
Additionally, their Theta is -0.026 for the 8/20 expiration date.
I’ll also be looking at the $12 puts with the same expiration, or the 9/17 expiration.
Overall, it appears that Evolus Inc. stock has more room to run both in the near-term & long-term & should be on any trader/investor’s radar for additional research.
*** I DO NOT OWN SHARES OF EOLS STOCK ***