Logo image of ENA

Enova Systems Inc. (ENA) Stock Technical Analysis

USA - NYSEARCA:ENA -

0.11
+0.05 (+83.33%)
Last: 10/31/2012, 6:40:09 PM
Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ENA. In the past year, ENA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
ENA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ENA has a been trading in the 0.05 - 0.11 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ENA did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Weekly and Daily overview Charts
Enova Systems Inc. / ENA Weekly stock chart
Enova Systems Inc. / ENA Daily stock chart
Setup Rating and Analysis

2

ENA has an average technical rating and it also does not offer a high quality setup at the moment.

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Support and Resistance Analysis

0.11

0.12

When analyzing the resistance we notice one important area.

  • Resistance @0.12 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ENA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ENA is neutral.
ChartMill Relative Strength88.97POSITIVEENA has a high relative strength, it outperformed 88.97% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ENA is below a declining SMA(200).
Relative Strength Index/RSI (14)65.99NEUTRALThe RSI value for ENA is a neutral value.
Average True Range in percent/ATR (20)15.91HIGH VOLATILITYThe high ATR as a percentage value for ENA suggests high volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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Enova Systems Inc. / ENA Daily stock chart

Enova Systems Inc.

NYSEARCA:ENA (10/31/2012, 6:40:09 PM)

0.11

+0.05 (+83.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg83.33%
1 Week57.14%
2 Weeks83.33%
1 Month10%
3 Month120%
6 Month-45%
12 Month-56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%15.91%
ATR Inc133.33%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.97
3 months CRSN/A
6 months CRSN/A
Mansfield-3.96
10 Day High0.11
10 Day Low0.05
20 Day High0.11
20 Day Low0.05
52 Week High0.55
52 Week Low0.03
CS1 EndN/A
CR1 Start0.12
Volume & EV
DER(3)-1.78%
DER(5)-2.75%
Volume300
Volume Incr-9.01%
Vol(5)75.61K
Vol(50)176.98K

Enova Systems Inc. / ENA FAQ

Can you provide the ChartMill technical rating for Enova Systems Inc.?

ChartMill assigns a technical rating of 4 / 10 to ENA.


What is the trend direction for ENA stock?

The current trend direction for Enova Systems Inc. (ENA) is Bearish.


Can you provide the RSI signal for Enova Systems Inc.?

Enova Systems Inc. (ENA) has an RSI value of 65.9942. This indicates that the stock is currently neutral.


What is the short term momentum for Enova Systems Inc. (ENA) stock?

The short term momentum for Enova Systems Inc. (ENA) is neutral.