Should You Buy EverQuote Inc (EVER) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
BUY now for a beginner, long-term investor with $50k–$100k. EVER is technically oversold near support (good timing for an impatient buyer), options positioning is strongly bullish (calls dominate), hedge funds are accumulating, and the latest quarter shows strong growth and expanding profitability. The main drawback is short-term bearish momentum (MACD still deteriorating), but the oversold setup + improving fundamentals make it an attractive entry at ~$22.8.
Technical Analysis
Price/Trend: EVER closed at 22.8 (down -1.68% on the day). Momentum is currently bearish, but the stock is deeply oversold.
- RSI(6) = 19.24: strongly oversold, often associated with mean-reversion/bounce potential.
- MACD histogram = -0.257 and negatively expanding: downside momentum is still active (trend has not fully turned yet).
- Moving averages: converging, suggesting the down-move may be maturing, but not a confirmed uptrend.
- Key levels: S1=22.952 (price is slightly below, a minor breakdown), S2=22.083 (next support). Pivot=24.358 (first meaningful reclaim level). Near-term upside targets if a bounce develops: 24.36, then 25.76.
Intellectia Proprietary Trading Signals:
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): no signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Bottom line technically: oversold near support favors initiating a long-term position now, even though MACD shows the trend hasn’t fully reversed.