ENVIRONMENTAL IMPACT ACQUI-A (ENVI) Technical Analysis
NASDAQ:ENVI • US29413T1060
Current stock price
ENVI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ENVI. ENVI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ENVI is a bad performer in the overall market: 100% of all stocks are doing better.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ENVI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENVI is lagging the market slightly.
- In the last month ENVI has a been trading in the 8.57 - 10.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ENVI Weekly and Daily overview Charts
ENVI Setup Rating and Analysis
The technical rating of ENVI is bad and it also does not present a 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
ENVI Support and Resistance Analysis
8.73
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.72 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ENVI 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 ENVI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENVI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ENVI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENVI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.08 | OVERSOLD | The low RSI value suggests ENVI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests ENVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.24 | OVERSOLD | The low Stochastics value suggests ENVI may be oversold. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ENVI suggests some volalility. |
ENVI Chart- and CandleStick Pattern Analysis
ENVI Technicals: Chart, Performance Metrics, Trend & Indicators
8.82
+0.25 (+2.92%)
ENVIRONMENTAL IMPACT ACQUI-A / ENVI TA FAQ
What is the ChartMill technical rating of ENVIRONMENTAL IMPACT ACQUI-A (ENVI) stock?
ChartMill assigns a technical rating of 0 / 10 to ENVI.
Can you provide the trend direction for ENVIRONMENTAL IMPACT ACQUI-A?
The current trend direction for ENVIRONMENTAL IMPACT ACQUI-A (ENVI) is Bearish.
Can you provide the RSI signal for ENVIRONMENTAL IMPACT ACQUI-A?
ENVIRONMENTAL IMPACT ACQUI-A (ENVI) has an RSI value of 28.0757. This indicates that the stock is currently oversold.
What is the MACD signal for ENVI stock?
The MACD indicator for ENVIRONMENTAL IMPACT ACQUI-A (ENVI) has a value of -0.145147, indicating a bearish trend.
Can you provide the short term momentum for ENVIRONMENTAL IMPACT ACQUI-A?
The short term momentum for ENVIRONMENTAL IMPACT ACQUI-A (ENVI) is negative.