ENVERIC BIOSCIENCES INC (ENVB) Technical Analysis
NASDAQ:ENVB • US29405E5050
Current stock price
5.32 USD
+0.22 (+4.31%)
At close:
5.48 USD
+0.16 (+3.01%)
Pre-Market:
ENVB Technical Rating and Analysis
Taking everything into account, ENVB scores 6 out of 10 in our technical rating. ENVB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- ENVB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ENVB has an average volume of 4977320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ENVB outperforms 56% of them, which is more or less in line with the market.
- ENVB is an average performer in the Pharmaceuticals industry, it outperforms 57% of 191 stocks in the same industry.
- In the last month ENVB has a been trading in the 1.71 - 7.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENVB Weekly and Daily overview Charts
ENVB Setup Rating and Analysis
ENVB has an average technical rating and it also does not offer a high quality setup 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
ENVB Support and Resistance Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ENVB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENVB is up. |
| ChartMill Relative Strength | 56.82 | NEUTRAL | ENVB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENVB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENVB is above the rising 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) | 80.94 | OVERBOUGHT | The high RSI value suggests ENVB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests ENVB has a positive trend. |
| Stochastics (14,3) | 55.81 | NEUTRAL | The Stochastics value for ENVB is a neutral value. |
| Average True Range in percent/ATR (20) | 14.6 | HIGH VOLATILITY | The high ATR as a percentage value for ENVB suggests high volalility. |
| Average Directional Index/ADX (14) | 40.81 | POSITIVE | The high ADX value value for ENVB suggests a strong trend. |
ENVB Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ENVB Technicals: Chart, Performance Metrics, Trend & Indicators
5.32
+0.22 (+4.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.31%
1 Week57.86%
2 Weeks172.82%
1 Month197.21%
3 Month82.82%
6 Month-6.67%
12 Month-65.63%
2 Year-96.86%
3 Year-98.39%
5 Year-99.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%14.6%
ATR Inc54.37%
Range Today0.88
ADR(20)0.66
ADR(20)%12.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.82
3 months CRS98.78
6 months CRS29.57
Mansfield-4.16
10 Day High7.88
10 Day Low1.71
20 Day High7.88
20 Day Low1.71
52 Week High17.84
52 Week Low1.71
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-0.53%
DER(5)1.78%
Volume1.29M
Volume Incr19.21%
Vol(5)10.50M
Vol(50)4.98M
ENVERIC BIOSCIENCES INC / ENVB TA FAQ
What is the technical rating for ENVB stock?
ChartMill assigns a technical rating of 6 / 10 to ENVB.
Can you provide the trend direction for ENVERIC BIOSCIENCES INC?
The current trend direction for ENVERIC BIOSCIENCES INC (ENVB) is Bearish.
What is the RSI signal for ENVB stock?
ENVERIC BIOSCIENCES INC (ENVB) has an RSI value of 80.9447. This indicates that the stock is currently overbought.