ENOVIX CORP (ENVX)
US2935941078 - Common Stock
We assign a technical rating of 0 out of 10 to ENVX. ENVX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than ENVX.
ENVX 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.
ENVX has an average volume of 6186650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ENVX is part of the Electrical Equipment industry. There are 90 other stocks in this industry, ENVX did better than 42% of them.
In the last month ENVX has a been trading in the 8.05 - 11.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ENVX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.63, a Stop Loss order could be placed below this zone.
More info and screens
8.25
17.40
We found 1 important support area.
- A support zone ranging from 8.33 to 8.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.32 to 10.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.23 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.52
Mansfield-2.21
10 Day High10.17
10 Day Low8.39
20 Day High11.87
20 Day Low8.05
52 Week High18.68
52 Week Low5.7
Performance
1 Week11.2%
2 Weeks0.53%
1 Month-9.41%
3 Month-10.79%
6 Month-12.77%
12 Month-14.51%
2 Year-27.74%
3 Year-73.06%
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)0.05
RSI(14)48.93
LBB8.32
UBB9.8
ENOVIX CORP
NASDAQ:ENVX (11/22/2024, 8:00:02 PM)
After market: 9.4493 +0.02 (+0.2%)9.43
+0.33 (+3.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.63%
1 Week11.2%
2 Weeks0.53%
1 Month-9.41%
3 Month-10.79%
6 Month-12.77%
12 Month-14.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.67
ATR(20)%8.88%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.17
10 Day Low8.39
20 Day High11.87
20 Day Low8.05
52 Week High18.68
52 Week Low5.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.64M
Volume Incr-46.67%
Vol(5)3.93M
Vol(50)6.19M