ENWAVE CORP (ENW.CA) Technical Analysis
TSX-V:ENW • CA29410K1084
Current stock price
ENW.CA Technical Rating and Analysis
Overall ENW gets a technical rating of 1 out of 10. ENW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ENW is a bad performer in the overall market: 86% of all stocks are doing better.
- ENW is one of the lesser performing stocks in the Machinery industry. 80% of 21 stocks in the same industry do better.
- ENW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ENW has a been trading in the 0.26 - 0.30 range, which is quite wide. It is currently trading near the lows of this range.
ENW.CA Weekly and Daily overview Charts
ENW.CA Setup Rating and Analysis
ENW has a bad 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 0.30. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ENW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ENW.CA Support and Resistance Analysis
0.26
We found 1 important support area.
- Support @0.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENW.CA 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 | DOWN | NEGATIVE | The long term trend for ENW.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENW.CA is neutral. |
| ChartMill Relative Strength | 14.25 | NEGATIVE | ENW.CA has a low relative strength, it was outperformed by 85.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENW.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENW.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENW.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.04 | NEUTRAL | The RSI value for ENW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ENW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.94 | NEUTRAL | The Stochastics value for ENW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for ENW.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for ENW.CA suggests a possible start of a new trend. |
ENW.CA Chart- and CandleStick Pattern Analysis
ENW.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ENW (4/29/2026, 7:00:00 PM)
0.265
-0.03 (-11.67%)
ENWAVE CORP / ENW.CA TA FAQ
Can you provide the ChartMill technical rating for ENWAVE CORP?
ChartMill assigns a technical rating of 1 / 10 to ENW.CA.
Can you provide the trend direction for ENWAVE CORP?
The current trend direction for ENWAVE CORP (ENW.CA) is Bearish.
What is the RSI signal for ENWAVE CORP (ENW.CA) stock?
ENWAVE CORP (ENW.CA) has an RSI value of 47.0418. This indicates that the stock is currently neutral.
What is the short term momentum for ENW stock?
The short term momentum for ENWAVE CORP (ENW.CA) is neutral.
What is the support and resistance level for ENW stock?
ENWAVE CORP (ENW.CA) has a support level at 0.27 and a resistance level at 0.3. Check the full technical report for our detailed analysis of ENW.CA support and resistance levels.