ENOVIX CORP (ENVX) Stock Technical Analysis
NASDAQ:ENVX - Nasdaq - US2935941078 - Common Stock - Currency: USD
Taking everything into account, ENVX scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ENVX was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than ENVX.
ENVX is part of the Electrical Equipment industry. There are 94 other stocks in this industry, of which 60% are performing better than ENVX.
ENVX 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ENVX has a been trading in the 7.15 - 9.05 range, which is quite wide. It is currently trading near the high of this range.
ENVX has an average volume of 4820400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ENVX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.87. Right above this resistance zone may be a good entry point.
More info and screens
7.04
8.96
3 important support areas can be observed.
- A support zone ranging from 7.96 to 8.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.59 to 7.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.11 to 7.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.87 to 8.87. This zone is formed by a combination of multiple trend lines 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 ENVX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENVX is up. |
| ChartMill Relative Strength | 20.84 | NEGATIVE | ENVX has a low relative strength, it was outperformed by 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENVX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENVX is above the rising 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) | 61.74 | NEUTRAL | The RSI value for ENVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ENVX has a positive trend. |
| Stochastics (14,3) | 71.49 | NEUTRAL | The Stochastics value for ENVX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for ENVX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.55 | POSITIVE | The high ADX value value for ENVX suggests a strong trend. |
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)
NASDAQ:ENVX (6/17/2025, 9:53:03 AM)
8.76
-0.1 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.13%
1 Week3.14%
2 Weeks16.58%
1 Month7%
3 Month4.85%
6 Month-8.94%
12 Month-26.17%
2 Year-50.89%
3 Year-0.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%6.06%
ATR Inc39.4%
Range Today0.27
ADR(20)0.48
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.84
Mansfield-1.58
10 Day High9.05
10 Day Low7.48
20 Day High9.05
20 Day Low7.15
52 Week High18.68
52 Week Low5.27
CS1 End8
CR1 Start8.87
Volume & EV
DER(3)0.91%
DER(5)0.24%
Volume523.03K
Volume Incr-13%
Vol(5)3.58M
Vol(50)4.82M