Why is EVH Down Today?

EVH
$3.37
▼ -3.44% ($-0.12)
Last updated: Oct 01, 2026 8:34 PM ET (40 min ago)

About Evolent Health, Inc Class A Common Stock

Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. It provides specialty care management services in oncology, cardiology, musculoskeletal marke...

Sector: SERVICES-MANAGEMENT SERVICES
Market Cap: $931.25M
Forward P/E: 12.5
52-Week Range: $2.10 - $8.46
Employees: 4,500

Overall Confidence: 60%

60% Confident

Based on news, social sentiment, options activity, and sector analysis

SYMPATHY 60% Confidence
🎯 Outperforming sector by 4.7%
This stock is significantly underperforming its SERVICES-MANAGEMENT SERVICES sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SERVICES-MANAGEMENT SERVICES sector: +1.2%

EVH is outperforming its sector by -4.7%. This suggests a stock-specific catalyst.

Market Comparison

EVH is significantly underperforming the market (-3.6% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
EVH
This Stock
-3.44%
vs S&P 500: -3.62%
vs Nasdaq: -3.75%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, EVH is expected to trade between:
$3.27 - $3.44

Key Level to Watch

$3.20 support
Watch for breakdown below $3.37

🔔 Get EVH Alerts

We'll notify you when EVH's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:34 PM (40 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.55
Put/Call Ratio
130.3%
Implied Volatility
Call Volume: 30,792
Put Volume: 17,051
Total: 47,843
Unusual Activity: $5 PUT (1,727 vol) $5 PUT (1,727 vol) $5 PUT (1,722 vol)

Historical Context

EVH has moved more than 3.0% down on 61 occasions in the past year.

54.1%
Continuation Rate
33/61 times continued down
-0.63%
Avg Next Day Change
After similar down moves
Last similar move: Sep 29, 2026 (-3.6%) → Next day: -0.9%

Frequently Asked Questions

Why is EVH stock down today?

This stock is significantly underperforming its SERVICES-MANAGEMENT SERVICES sector peers, suggesting a stock-specific catalyst.

Is EVH stock a buy or sell right now?

Based on current analysis, EVH shows 60% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the EVH stock price target?

EVH is currently trading at $3.37. Based on today's momentum, the expected short-term range is $3.27 - $3.44. See long-term price prediction →

Will EVH stock continue falling?

Our analysis shows a 45% probability that EVH's move continues in the next 1-3 days. Key level to watch: $3.20 (support).

Is EVH stock oversold or overbought?

EVH's RSI (Relative Strength Index) is currently at 30.7. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for EVH stock?

EVH's 10-day momentum indicator is at -0.28. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is EVH outperforming or underperforming the market?

EVH (-3.44%) is currently significantly underperforming the market (-3.6% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for EVH?

EVH's MACD (-0.24) is currently below the signal line (-0.22), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 29.8) is strong.

Is EVH in an uptrend or downtrend?

Based on moving average analysis, EVH is in a bearish trend. The price ($3.37) is trading below both the 20-day SMA ($3.83) and 50-day SMA ($4.01). This alignment typically indicates sustained downward pressure.

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