ENFUSION INC - CLASS A (ENFN)

US2928121043 - Common Stock

10.58  +0.06 (+0.57%)

After market: 10.58 0 (0%)

Technical Rating and Analysis

8

Taking everything into account, ENFN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENFN is only an average performer.

The long and short term trends are both positive. This is looking good!
ENFN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENFN is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ENFN is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ENFN is part of the Software industry. There are 280 other stocks in this industry, ENFN did better than 51% of them.
In the last month ENFN has a been trading in the 9.83 - 11.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENFN Weekly chart
ENFN Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, ENFN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.57, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

7.77

10.77

4 important support areas can be observed.

  • A support zone ranging from 10.40 to 10.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.20 from a trend line in the daily time frame.
  • Support @8.89 from a horizontal line in the daily time frame.
  • Support @7.85 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 10.63 to 10.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.3
Mansfield0.46
10 Day High11.38
10 Day Low10.22
20 Day High11.38
20 Day Low9.83
52 Week High11.38
52 Week Low7.52
Performance
1 Week-4.08%
2 Weeks0.19%
1 Month5.17%
3 Month11.72%
6 Month24.18%
12 Month9.07%
2 Year9.41%
3 Year-49.47%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)57.87
LBB10.07
UBB11.01
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
10.6710.390.28 (2.62%)25.00%
An entry @10.67. This is a Buy Stop order right above the resistance zone.An exit @10.39. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.28 points, which is 2.62%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%.

  • The distance between exit and entry is rather small compared to the average daily movement of ENFN. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENFN Daily chart

ENFUSION INC - CLASS A

NYSE:ENFN (12/24/2024, 8:08:27 PM)

After market: 10.58 0 (0%)

10.58

+0.06 (+0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.57%
1 Week-4.08%
2 Weeks0.19%
1 Month5.17%
3 Month11.72%
6 Month24.18%
12 Month9.07%
2 Year9.41%
3 Year-49.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.13%
ATR Inc-48.1%
Range Today0.15
ADR(20)0.33
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.3
Mansfield0.46
10 Day High11.38
10 Day Low10.22
20 Day High11.38
20 Day Low9.83
52 Week High11.38
52 Week Low7.52
CS1 End10.57
CR1 Start10.63
Volume & EV
DER(3)-1.43%
DER(5)-1.51%
Volume142.10K
Volume Incr49.86%
Vol(5)629.18K
Vol(50)458.01K