ENOVA INTERNATIONAL INC (ENVA) Technical Analysis
NYSE:ENVA • US29357K1034
Current stock price
ENVA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to ENVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENVA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ENVA did better than 83% of all other stocks.
- ENVA is part of the Consumer Finance industry. There are 54 other stocks in this industry. ENVA outperforms 88% of them.
- ENVA 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 ENVA is lagging the market slightly.
- In the last month ENVA has a been trading in the 129.25 - 155.36 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ENVA Weekly and Daily overview Charts
ENVA Setup Rating and Analysis
Although ENVA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ENVA Support and Resistance Analysis
119.92
We found 3 important support areas.
- A support zone ranging from 143.01 to 144.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 132.17 to 132.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @121.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @165.18 from a horizontal line in the weekly time frame.
ENVA 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 ENVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENVA is up. |
| ChartMill Relative Strength | 83.93 | POSITIVE | ENVA has a high relative strength, it outperformed 83.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENVA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.17 | NEUTRAL | The RSI value for ENVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.37 | POSITIVE | The MACD value suggests ENVA has a positive trend. |
| Stochastics (14,3) | 90.92 | OVERBOUGHT | The high Stochastics value suggests ENVA may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for ENVA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.37 | NEUTRAL | The ADX value for ENVA suggests a possible start of a new trend. |
ENVA Chart- and CandleStick Pattern Analysis
ENVA Technicals: Chart, Performance Metrics, Trend & Indicators
153.84
+3.13 (+2.08%)
ENOVA INTERNATIONAL INC / ENVA TA FAQ
Can you provide the ChartMill technical rating for ENOVA INTERNATIONAL INC?
ChartMill assigns a technical rating of 8 / 10 to ENVA.
What is the trend direction for ENVA stock?
The current trend direction for ENOVA INTERNATIONAL INC (ENVA) is Bullish.
Can you provide the RSI signal for ENOVA INTERNATIONAL INC?
ENOVA INTERNATIONAL INC (ENVA) has an RSI value of 68.1677. This indicates that the stock is currently neutral.
What is the MACD signal for ENOVA INTERNATIONAL INC (ENVA) stock?
The MACD indicator for ENOVA INTERNATIONAL INC (ENVA) has a value of 2.37029, indicating a bullish trend.
What is the support and resistance level for ENVA stock?
ENOVA INTERNATIONAL INC (ENVA) has a support level at 144.94 and a resistance level at 165.18. Check the full technical report for our detailed analysis of ENVA support and resistance levels.