ENABLENCE TECHNOLOGIES INC (ENA.CA) Stock Technical Analysis
Canada - TSX-V:ENA - CA2924833023 - Common Stock
1.22 CAD
+0.09 (+7.96%)
Overall ENA gets a technical rating of 1 out of 10. ENA 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.
87% of all other stocks performed better in the past year than ENA.
ENA is one of the lesser performing stocks in the Communications Equipment industry. 63% of 12 stocks in the same industry do better.
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.
Warning: ENA has an average volume of 1762 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ENA has a been trading in the 1.00 - 1.25 range, which is quite wide. It is currently trading near the high of this range.
ENA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ENA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone.
More info and screens
0.93
2.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.10 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.96 from a trend line in the weekly time frame.
- Support @0.94 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.25 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.90 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 | 13.65 | NEGATIVE | ENA.CA has a low relative strength, it was outperformed by 86.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENA.CA is above 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) | 49.62 | 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. |
| Stochastics (14,3) | 74.67 | NEUTRAL | The Stochastics value for ENA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for ENA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.54 | 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 (9/10/2025, 7:00:00 PM)
1.22
+0.09 (+7.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg7.96%
1 Week8.93%
2 Weeks10.91%
1 Month16.19%
3 Month-18.67%
6 Month16.19%
12 Month-1.61%
2 Year-18.67%
3 Year-20.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.76%
ATR Inc31.68%
Range Today0
ADR(20)0
ADR(20)%0.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.65
Mansfield-2.01
10 Day High1.25
10 Day Low1.1
20 Day High1.25
20 Day Low1
52 Week High2.7
52 Week Low0.58
CS1 End1.1
CR1 Start1.25
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-9.03%
Vol(5)532
Vol(50)1.76K