ENOVA INTERNATIONAL INC (ENVA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ENVA - US29357K1034 - Common Stock
We assign a technical rating of 10 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.
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
108.30
2 important support areas can be observed.
- A support zone ranging from 128.13 to 129.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 109.39 to 110.37. 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 | 93.26 | POSITIVE | ENVA has a high relative strength, it outperformed 93.26% 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) | 85.63 | OVERBOUGHT | The high RSI value suggests ENVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.83 | POSITIVE | The MACD value suggests ENVA has a positive trend. |
| Stochastics (14,3) | 94.4 | OVERBOUGHT | The high Stochastics value suggests ENVA may be overbought. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ENVA suggests some volalility. |
| Average Directional Index/ADX (14) | 48.39 | POSITIVE | The high ADX value value for ENVA suggests a strong trend. |
162.72
+4.8 (+3.04%)
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 85.6301. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ENOVA INTERNATIONAL INC?
The MACD indicator for ENOVA INTERNATIONAL INC (ENVA) has a value of 2.83398, indicating a bullish trend.
Can you provide the support and resistance levels for ENOVA INTERNATIONAL INC?
ENOVA INTERNATIONAL INC (ENVA) has a support level at 129.24. Check the full technical report for our detailed analysis of ENVA support and resistance levels.