Taking everything into account, ENVX scores 0 out of 10 in our technical rating. ENVX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ENVX has a poor technical rating and the quality of the setup is also not perfect 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.
7.03
We found 1 important support area.
5 important resistance areas can be observed.
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 ENVX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENVX is down. |
| ChartMill Relative Strength | 17.64 | NEGATIVE | ENVX has a low relative strength, it was outperformed by 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENVX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENVX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENVX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.37 | NEUTRAL | The RSI value for ENVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENVX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.43 | NEUTRAL | The Stochastics value for ENVX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.73 | HIGH VOLATILITY | The high ATR as a percentage value for ENVX suggests high volalility. |
| Average Directional Index/ADX (14) | 33 | POSITIVE | The high ADX value value for ENVX suggests a strong trend. |
NASDAQ:ENVX (12/1/2025, 3:59:56 PM)
7.28
-0.51 (-6.55%)
ChartMill assigns a technical rating of 0 / 10 to ENVX.
The current trend direction for ENOVIX CORP (ENVX) is Bearish.
ENOVIX CORP (ENVX) has an RSI value of 37.3698. This indicates that the stock is currently neutral.
The buy/sell signal for ENOVIX CORP (ENVX) is sell as both the short term and long term trends are negative.
ENOVIX CORP (ENVX) has a support level at 7.57 and a resistance level at 10.85. Check the full technical report for our detailed analysis of ENVX support and resistance levels.