ENOVIS CORP (ENOV) Stock Technical Analysis
NYSE:ENOV - New York Stock Exchange, Inc. - US1940141062 - Common Stock - Currency: USD
Overall ENOV gets a technical rating of 0 out of 10. ENOV 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.
90% of all other stocks performed better in the past year than ENOV.
ENOV is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 68% are performing better than ENOV.
ENOV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ENOV is lagging the market.
ENOV has an average volume of 1159100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ENOV has a been trading in the 29.13 - 34.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ENOV 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
29.81
48.58
We can see 4 important resistance areas.
- A resistance zone ranging from 31.84 to 32.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.15 to 33.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.20 from a trend line in the weekly time frame.
- Resistance @48.10 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 ENOV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENOV is down. |
| ChartMill Relative Strength | 10.44 | NEGATIVE | ENOV has a low relative strength, it was outperformed by 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.02 | NEUTRAL | The RSI value for ENOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ENOV has a negative trend. |
| Stochastics (14,3) | 29.23 | NEUTRAL | The Stochastics value for ENOV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for ENOV suggests some volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for ENOV 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)
30.11
-0.55 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.79%
1 Week-6.75%
2 Weeks-4.72%
1 Month-6.92%
3 Month-22.95%
6 Month-30.17%
12 Month-33.22%
2 Year-53.04%
3 Year-45.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%3.97%
ATR Inc-17.45%
Range Today1.15
ADR(20)1.07
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.44
Mansfield-2.96
10 Day High34
10 Day Low30.09
20 Day High34
20 Day Low29.13
52 Week High49.83
52 Week Low29.13
CS1 EndN/A
CR1 Start31.84
Volume & EV
DER(3)-0.15%
DER(5)2.15%
Volume1.11M
Volume Incr6.63%
Vol(5)1.26M
Vol(50)1.16M