ENOVA INTERNATIONAL INC (ENVA) Stock Technical Analysis
USA - NYSE:ENVA - US29357K1034 - Common Stock
Taking everything into account, ENVA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ENVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ENVA 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.
More info and screens
105.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 117.71 to 120.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 106.78 to 107.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 127.74 to 129.21. 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 ENVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENVA is up. |
| ChartMill Relative Strength | 85.9 | POSITIVE | ENVA has a high relative strength, it outperformed 85.9% 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) | UP | POSITIVE | The current price of ENVA is above the rising 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) | 61.51 | NEUTRAL | The RSI value for ENVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests ENVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.6 | NEUTRAL | The Stochastics value for ENVA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ENVA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.03 | POSITIVE | The high ADX value value for ENVA suggests a strong trend. |
127.73
-1.47 (-1.14%)
ENOVA INTERNATIONAL INC / ENVA FAQ
Can you provide the ChartMill technical rating for ENOVA INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 10 to ENVA.
Can you provide the trend direction for ENOVA INTERNATIONAL INC?
The current trend direction for ENOVA INTERNATIONAL INC (ENVA) is Bullish.
What is the RSI signal for ENOVA INTERNATIONAL INC (ENVA) stock?
ENOVA INTERNATIONAL INC (ENVA) has an RSI value of 61.5146. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENOVA INTERNATIONAL INC?
The MACD indicator for ENOVA INTERNATIONAL INC (ENVA) has a value of 0.838085, indicating a bearish trend.
Can you provide the support and resistance levels for ENOVA INTERNATIONAL INC?
ENOVA INTERNATIONAL INC (ENVA) has a support level at 120.75 and a resistance level at 127.74. Check the full technical report for our detailed analysis of ENVA support and resistance levels.