ENOVIS CORP (ENOV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ENOV - US1940141062 - Common Stock
We assign a technical rating of 0 out of 10 to ENOV. ENOV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ENOV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.03
We found 1 important support area.
- Support @26.29 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 29.02 to 29.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.14 to 30.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.24 from a trend line in the daily time frame.
- A resistance zone ranging from 31.90 to 32.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.32 from a horizontal line in the daily time frame.
- Resistance @48.10 from a horizontal line in the weekly time frame.
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 ENOV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENOV is down. |
| ChartMill Relative Strength | 10.17 | NEGATIVE | ENOV has a low relative strength, it was outperformed by 89.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for ENOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ENOV has a negative trend. |
| Stochastics (14,3) | 20.9 | NEUTRAL | The Stochastics value for ENOV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ENOV suggests some volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for ENOV suggests a weak or negative trend. |
26.47
-1.35 (-4.85%)
ENOVIS CORP / ENOV FAQ
What is the ChartMill technical rating of ENOVIS CORP (ENOV) stock?
ChartMill assigns a technical rating of 0 / 10 to ENOV.
Can you provide the trend direction for ENOVIS CORP?
The current trend direction for ENOVIS CORP (ENOV) is Bearish.
Can you provide the RSI signal for ENOVIS CORP?
ENOVIS CORP (ENOV) has an RSI value of 36.3342. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENOVIS CORP?
The MACD indicator for ENOVIS CORP (ENOV) has a value of -0.151664, indicating a bearish trend.
What is the buy/sell signal for ENOVIS CORP (ENOV) stock?
The buy/sell signal for ENOVIS CORP (ENOV) is sell as both the short term and long term trends are negative.