ENOVA INTERNATIONAL INC (ENVA) Technical Analysis
NYSE:ENVA • US29357K1034
Current stock price
ENVA Technical Rating and Analysis
Taking everything into account, ENVA scores 10 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, we notice that ENVA is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by ENVA over the past year are nicely spread over this period.
- ENVA is one of the better performing stocks in the Consumer Finance industry, it outperforms 88% of 54 stocks in the same industry.
- 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 - 168.35 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 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
ENVA Support and Resistance Analysis
120.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 143.69 to 148.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 133.51 to 133.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @121.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @168.07 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 | 86.76 | POSITIVE | ENVA has a high relative strength, it outperformed 86.76% 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) | 76.49 | OVERBOUGHT | The high RSI value suggests ENVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.82 | POSITIVE | The MACD value suggests ENVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.56 | OVERBOUGHT | The high Stochastics value suggests ENVA may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ENVA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.76 | POSITIVE | The high ADX value value for ENVA suggests a strong trend. |
ENVA Chart- and CandleStick Pattern Analysis
ENVA Technicals: Chart, Performance Metrics, Trend & Indicators
168.06
+4.57 (+2.8%)
ENOVA INTERNATIONAL INC / ENVA TA FAQ
Can you provide the ChartMill technical rating for ENOVA INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 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 76.4907. This indicates that the stock is currently overbought.
What is the MACD signal for ENOVA INTERNATIONAL INC (ENVA) stock?
The MACD indicator for ENOVA INTERNATIONAL INC (ENVA) has a value of 2.81606, indicating a bullish trend.
What is the support and resistance level for ENVA stock?
ENOVA INTERNATIONAL INC (ENVA) has a support level at 148.04 and a resistance level at 168.07. Check the full technical report for our detailed analysis of ENVA support and resistance levels.