ENVERIC BIOSCIENCES INC (ENVB) Technical Analysis
NASDAQ:ENVB • US29405E5050
Current stock price
ENVB Technical Rating and Analysis
Taking everything into account, ENVB scores 0 out of 10 in our technical rating. ENVB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than ENVB.
- ENVB is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 84% are performing better than ENVB.
- ENVB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ENVB is lagging the market.
- In the last month ENVB has a been trading in the 1.82 - 2.47 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
ENVB Weekly and Daily overview Charts
ENVB Setup Rating and Analysis
ENVB has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
ENVB Support and Resistance Analysis
1.98
We found 1 important resistance area.
- A resistance zone ranging from 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENVB 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 | DOWN | NEGATIVE | The long term trend for ENVB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENVB is down. |
| ChartMill Relative Strength | 1.34 | NEGATIVE | ENVB has a low relative strength, it was outperformed by 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENVB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENVB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENVB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.61 | NEUTRAL | The RSI value for ENVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ENVB has a positive trend. |
| Stochastics (14,3) | 24.14 | NEUTRAL | The Stochastics value for ENVB is a neutral value. |
| Average True Range in percent/ATR (20) | 9.39 | HIGH VOLATILITY | The high ATR as a percentage value for ENVB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for ENVB suggests a possible start of a new trend. |
ENVB Chart- and CandleStick Pattern Analysis
ENVB Technicals: Chart, Performance Metrics, Trend & Indicators
2
+0.01 (+0.5%)
ENVERIC BIOSCIENCES INC / ENVB TA FAQ
What is the technical rating for ENVB stock?
ChartMill assigns a technical rating of 0 / 10 to ENVB.
Can you provide the trend direction for ENVERIC BIOSCIENCES INC?
The current trend direction for ENVERIC BIOSCIENCES INC (ENVB) is Bearish.
Can you provide the RSI signal for ENVERIC BIOSCIENCES INC?
ENVERIC BIOSCIENCES INC (ENVB) has an RSI value of 37.6061. This indicates that the stock is currently neutral.
What is the MACD signal for ENVERIC BIOSCIENCES INC (ENVB) stock?
The MACD indicator for ENVERIC BIOSCIENCES INC (ENVB) has a value of 0.0519685, indicating a bearish trend.
What are the support and resistance levels for ENVERIC BIOSCIENCES INC (ENVB) stock?
ENVERIC BIOSCIENCES INC (ENVB) has a resistance level at 2.01. Check the full technical report for our detailed analysis of ENVB support and resistance levels.