Envestnet Inc (ENV)

US29404K1060 - Common Stock

63.14  +0.05 (+0.08%)

After market: 63.14 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to ENV. ENV has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ENV is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by ENV over the past year are nicely spread over this period.
ENV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENV is performing more or less in line with the market.
ENV is part of the Software industry. There are 280 other stocks in this industry, ENV did better than 62% of them.
In the last month ENV has a been trading in a tight range between 62.71 and 63.50.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENV Weekly chart
ENV Daily chart
Setup Rating and Analysis

7

ENV has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

60.52

68.59

When analyzing the support we notice one important area.

  • A support zone ranging from 61.13 to 63.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @63.67 from a trend line in the daily time frame.
  • Resistance @67.91 from a horizontal line in the weekly time frame.
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
CRS86.07
Mansfield-0.42
10 Day High63.5
10 Day Low62.9
20 Day High63.5
20 Day Low62.71
52 Week High73.04
52 Week Low36.43
Performance
1 Week0.32%
2 Weeks0.29%
1 Month0.62%
3 Month0.22%
6 Month-8.61%
12 Month67.93%
2 Year6.98%
3 Year-17.65%
5 Year-11.33%
10 Year23.44%
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)0.02
RSI(14)70.3
LBB62.82
UBB63.17
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
63.5162.890.62 (0.98%)25.00%
An entry @63.51. This is a Buy Stop order right above the 10 day high.An exit @62.89. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.62 points, which is 0.98%.For a 0.24% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
ENV Daily chart

Envestnet Inc

NYSE:ENV (11/22/2024, 8:04:00 PM)

After market: 63.14 0 (0%)

63.14

+0.05 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.08%
1 Week0.32%
2 Weeks0.29%
1 Month0.62%
3 Month0.22%
6 Month-8.61%
12 Month67.93%
2 Year6.98%
3 Year-17.65%
5 Year-11.33%
10 Year23.44%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.22%
ATR Inc101.63%
Range Today0.37
ADR(20)0.13
ADR(20)%0.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.07
Mansfield-0.42
10 Day High63.5
10 Day Low62.9
20 Day High63.5
20 Day Low62.71
52 Week High73.04
52 Week Low36.43
CS1 End63.03
CR1 Start63.67
Volume & EV
DER(3)4.63%
DER(5)2.66%
Volume5.14M
Volume Incr349.69%
Vol(5)2.75M
Vol(50)880.22K