ENABLENCE TECHNOLOGIES INC (ENA.CA) Stock Technical Analysis
TSX-V:ENA - TSX Venture Exchange - CA2924833023 - Common Stock - Currency: CAD
Overall ENA gets a technical rating of 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ENA is a bad performer in the overall market: 91% of all stocks are doing better.
ENA is part of the Communications Equipment industry. There are 11 other stocks in this industry, of which 100% are performing better than ENA.
ENA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENA is lagging the market.
In the last month ENA has a been trading in the 0.88 - 2.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: ENA has an average volume of 2044 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of ENA 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
1.19
2.01
2 important resistance areas can be observed.
- Resistance @1.95 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 | 9.29 | NEGATIVE | ENA.CA has a low relative strength, it was outperformed by 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENA.CA is below a declining 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) | 41.92 | NEUTRAL | The RSI value for ENA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ENA.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.84 | NEUTRAL | The Stochastics value for ENA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for ENA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.81 | 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 (5/28/2025, 7:00:00 PM)
1.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week-20%
2 Weeks-20%
1 Month-40%
3 Month-20%
6 Month-29.41%
12 Month-36.84%
2 Year-14.29%
3 Year30.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.46%
ATR Inc26.55%
Range Today0
ADR(20)0.05
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.29
Mansfield-1.65
10 Day High1.55
10 Day Low0.88
20 Day High2
20 Day Low0.88
52 Week High2.7
52 Week Low0.58
CS1 EndN/A
CR1 Start1.95
Volume & EV
DER(3)0%
DER(5)0%
Volume250
Volume Incr-73.78%
Vol(5)641.6
Vol(50)2.04K