Enova Systems Inc. (ENA) Technical Analysis
NYSEARCA:ENA
Current stock price
ENA Technical Rating and Analysis
Overall ENA gets a technical rating of 5 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that ENA is one of the better performing stocks in the market, outperforming 88% of all 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.
ENA Weekly and Daily overview Charts
ENA Setup Rating and Analysis
ENA has an average technical rating and it also does not offer a high quality setup at the moment.
More info and screens
ENA Support and Resistance Analysis
0.11
We found 1 important resistance area.
- Resistance @0.12 from a horizontal line in the daily time frame.
ENA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ENA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENA is neutral. |
| ChartMill Relative Strength | 88.97 | POSITIVE | ENA has a high relative strength, it outperformed 88.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.99 | NEUTRAL | The RSI value for ENA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.91 | HIGH VOLATILITY | The high ATR as a percentage value for ENA suggests high volalility. |
ENA Chart- and CandleStick Pattern Analysis
ENA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ENA (10/31/2012, 6:40:09 PM)
0.11
+0.05 (+83.33%)
Enova Systems Inc. / ENA TA 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 current trend direction of Enova Systems Inc. (ENA) stock?
The current trend direction for Enova Systems Inc. (ENA) is Bearish.
What is the RSI signal for ENA stock?
Enova Systems Inc. (ENA) has an RSI value of 65.9942. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for Enova Systems Inc.?
Enova Systems Inc. (ENA) has a resistance level at 0.12. Check the full technical report for our detailed analysis of ENA support and resistance levels.