ENVIRONMENTAL IMPACT ACQUI-A (ENVI) Stock Technical Analysis
USA - NASDAQ:ENVI - US29413T1060 - Common Stock
Taking everything into account, ENVI scores 0 out of 10 in our technical rating. ENVI'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.
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
8.73
We found 1 important resistance 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.
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. |
8.82
+0.25 (+2.92%)
ENVIRONMENTAL IMPACT ACQUI-A / ENVI FAQ
What is the ChartMill technical rating of ENVIRONMENTAL IMPACT ACQUI-A (ENVI) stock?
ChartMill assigns a technical rating of 0 / 10 to ENVI.
What is the current trend direction of ENVIRONMENTAL IMPACT ACQUI-A (ENVI) stock?
The current trend direction for ENVIRONMENTAL IMPACT ACQUI-A (ENVI) is Bearish.
What is the RSI signal for ENVIRONMENTAL IMPACT ACQUI-A (ENVI) stock?
ENVIRONMENTAL IMPACT ACQUI-A (ENVI) has an RSI value of 28.0757. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ENVIRONMENTAL IMPACT ACQUI-A?
The MACD indicator for ENVIRONMENTAL IMPACT ACQUI-A (ENVI) has a value of -0.145147, indicating a bearish trend.