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ECP ENVIRONMENTAL GROWTH O-A (ENNV) Stock Technical Analysis

NASDAQ:ENNV - Common Stock

7.63
-0.19 (-2.43%)
Last: 2/4/2022, 8:27:24 PM
Technical Rating and Analysis

0

Taking everything into account, ENNV scores 0 out of 10 in our technical rating. ENNV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, ENNV is a bad performer in the overall market: 100% of all stocks are doing better.
ENNV 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.
In the last month ENNV has a been trading in the 6.83 - 10.01 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ECP ENVIRONMENTAL GROWTH O-A / ENNV Weekly stock chart
ECP ENVIRONMENTAL GROWTH O-A / ENNV Daily stock chart
Setup Rating and Analysis

3

The technical rating of ENNV 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.

Support and Resistance Analysis

7.55

10.10

2 important resistance areas can be observed.

  • Resistance @7.83 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 9.89 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ENNV is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ENNV is down.
ChartMill Relative Strength0NEGATIVEENNV has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ENNV is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ENNV is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ENNV is below a declining SMA(200).
Relative Strength Index/RSI (14)26.29OVERSOLDThe low RSI value suggests ENNV may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.22NEGATIVEThe MACD value suggests ENNV has a negative trend, although the MACD value is rising.
Stochastics (14,3)23.51NEUTRALThe Stochastics value for ENNV is a neutral value.
Average True Range in percent/ATR (20)4.43MEDIUM VOLATILITYThe ATR as a percentage value for ENNV suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
ECP ENVIRONMENTAL GROWTH O-A / ENNV Daily stock chart

ECP ENVIRONMENTAL GROWTH O-A

NASDAQ:ENNV (2/4/2022, 8:27:24 PM)

7.63

-0.19 (-2.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.43%
1 Week2.97%
2 Weeks-23.47%
1 Month-23.01%
3 Month-23.16%
6 Month-22.14%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%4.43%
ATR Inc214.91%
Range Today0.91
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
CRS0
Mansfield-30
10 Day High10.01
10 Day Low6.83
20 Day High10.01
20 Day Low6.83
52 Week High10.52
52 Week Low6.83
CS1 EndN/A
CR1 Start7.83
Volume & EV
DER(3)-9.32%
DER(5)-3.76%
Volume39.70K
Volume Incr-92.22%
Vol(5)54.44K
Vol(50)333.71K