Enova Systems Inc. (ENA) Stock Technical Analysis
NYSEARCA:ENA - NYSE Arca -
We assign a technical rating of 5 out of 10 to ENA. Although ENA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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.
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.
In the last month ENA has a been trading in the 0.05 - 0.11 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ENA did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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 an average technical rating and it also does not offer a high quality setup at the moment.
More info and screens
0.11
0.12
We found 1 important resistance area.
- Resistance @0.12 from a horizontal line in the daily 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENA is neutral. |
| ChartMill Relative Strength | 88.97 | POSITIVE | ENA has a high relative strength, it outperformed 88.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.99 | NEUTRAL | The RSI value for ENA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.91 | HIGH VOLATILITY | The high ATR as a percentage value for ENA suggests high volalility. |
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)
NYSEARCA:ENA (10/31/2012, 6:40:09 PM)
0.11
+0.05 (+83.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg83.33%
1 Week57.14%
2 Weeks83.33%
1 Month10%
3 Month120%
6 Month-45%
12 Month-56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%15.91%
ATR Inc133.33%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.97
Mansfield-3.96
10 Day High0.11
10 Day Low0.05
20 Day High0.11
20 Day Low0.05
52 Week High0.55
52 Week Low0.03
CS1 EndN/A
CR1 Start0.12
Volume & EV
DER(3)-1.78%
DER(5)-2.75%
Volume300
Volume Incr-9.01%
Vol(5)75.61K
Vol(50)176.98K