ENFUSION INC - CLASS A (ENFN) Stock Technical Analysis
NYSE:ENFN - New York Stock Exchange, Inc. - US2928121043 - Common Stock - Currency: USD
Taking everything into account, ENFN scores 3 out of 10 in our technical rating. In the last year, ENFN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
ENFN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENFN is lagging the market slightly.
ENFN has an average volume of 1217790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that ENFN is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ENFN is an average performer in the Software industry, it outperforms 67% of 282 stocks in the same industry.
In the last month ENFN has a been trading in the 10.22 - 11.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENFN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.75, a Stop Loss order could be placed below this zone.
More info and screens
7.77
11.63
We found 4 important support areas.
- A support zone ranging from 10.47 to 10.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.24 from a trend line in the daily time frame.
- Support @8.29 from a trend line in the weekly time frame.
- Support @7.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.86 to 11.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.50 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ENFN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENFN is down. |
| ChartMill Relative Strength | 81.43 | POSITIVE | ENFN has a high relative strength, it outperformed 81.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENFN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENFN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENFN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.68 | NEUTRAL | The RSI value for ENFN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENFN has a negative trend. |
| Stochastics (14,3) | 63.11 | NEUTRAL | The Stochastics value for ENFN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for ENFN suggests some volalility. |
| Average Directional Index/ADX (14) | 25.3 | POSITIVE | The high ADX value value for ENFN suggests a strong 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)
10.76
-0.04 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.37%
1 Week-0.28%
2 Weeks-2.18%
1 Month-3.06%
3 Month-2.8%
6 Month22.83%
12 Month16.45%
2 Year28.4%
3 Year-15.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%2.08%
ATR Inc-30.46%
Range Today0.13
ADR(20)0.22
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.43
Mansfield1.89
10 Day High11.01
10 Day Low10.22
20 Day High11.2
20 Day Low10.22
52 Week High11.8
52 Week Low7.83
CS1 End10.75
CR1 Start10.86
Volume & EV
DER(3)-2.05%
DER(5)-2.97%
Volume2.46M
Volume Incr18.61%
Vol(5)1.50M
Vol(50)1.22M