ENABLENCE TECHNOLOGIES INC (ENA.CA) Stock Technical Analysis
Canada - TSX-V:ENA - CA2924833023 - Common Stock
1.17 CAD
-0.03 (-2.5%)
We assign a technical rating of 2 out of 10 to ENA. ENA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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.
Warning: ENA has an average volume of 1415 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ENA is part of the Communications Equipment industry. There are 12 other stocks in this industry. ENA outperforms 81% of them.
When compared to the yearly performance of all other stocks, ENA outperforms 45% of them, which is more or less in line with the market.
In the last month ENA has a been trading in the 1.00 - 1.25 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, ENA 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 1.24. Right above this resistance zone may be a good entry point.
More info and screens
0.94
2.01
We found 4 important support areas.
- Support @1.10 from a horizontal line in the weekly time frame.
- Support @1.00 from a horizontal line in the daily time frame.
- Support @0.97 from a trend line in the weekly time frame.
- Support @0.95 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.24 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.89 from a trend line in the weekly time frame.
- Resistance @1.99 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 ENA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENA.CA is down. |
| ChartMill Relative Strength | 45.72 | NEUTRAL | ENA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENA.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for ENA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for ENA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for ENA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for ENA.CA suggests a weak or negative trend. |
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)
TSX-V:ENA (9/29/2025, 7:00:00 PM)
1.17
-0.03 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-2.5%
1 Week-4.1%
2 Weeks4.46%
1 Month17%
3 Month-22%
6 Month-19.31%
12 Month39.29%
2 Year-22%
3 Year-23.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.34%
ATR Inc-51.16%
Range Today0
ADR(20)0
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.72
Mansfield-2.51
10 Day High1.25
10 Day Low1.13
20 Day High1.25
20 Day Low1
52 Week High2.7
52 Week Low0.58
CS1 End1.1
CR1 Start1.24
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr229.31%
Vol(5)1.64K
Vol(50)1.42K