ENV Technical Analysis - ENERVIT

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to ENV. Both in the recent history as in the last year, ENV has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: ENV has an average volume of 8218 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

ENV is part of the Personal Care Products industry. There are 13 other stocks in this industry. ENV outperforms 100% of them.

ENV is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month ENV has a been trading in the 3.68 - 4.44 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, ENV did better than 84% 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although ENV has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.77

4.40

We found 4 important support areas.

A support zone ranging from 4.06 to 4.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 3.83 to 3.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @3.46 from a trend line in the daily time frame.
Support @2.80 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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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.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for ENV.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ENV.MI is up.
ChartMill Relative Strength	84.57	POSITIVE	ENV.MI has a high relative strength, it outperformed 84.57% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ENV.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ENV.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of ENV.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	69.52	NEUTRAL	The RSI value for ENV.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests ENV.MI has a positive trend.
Stochastics (14,3)	80.74	OVERBOUGHT	The high Stochastics value suggests ENV.MI may be overbought.
Average True Range in percent/ATR (20)	4.04	MEDIUM VOLATILITY	The ATR as a percentage value for ENV.MI suggests some volalility.
Average Directional Index/ADX (14)	50.88	POSITIVE	The high ADX value value for ENV.MI suggests a strong trend.