ENWAVE CORP (ENW.CA) Stock Technical Analysis
TSX-V:ENW • CA29410K1084
Taking everything into account, ENW scores 1 out of 10 in our technical rating. ENW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month ENW has a been trading in the 0.32 - 0.39 range, which is quite wide. It is currently trading near the lows of this range.
- ENW is part of the Machinery industry. There are 22 other stocks in this industry. ENW outperforms 76% of them.
- When comparing the performance of all stocks over the past year, ENW turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- ENW 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 ENW is lagging the market slightly.
ENW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.32, a Stop Loss order could be placed below this zone.
More info and screens
0.32
We found 1 important support area.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.38 from a trend line in the daily time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.41 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for ENW.CA is down. |
| ChartMill Relative Strength | 47.75 | NEUTRAL | ENW.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENW.CA is below a declining 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) | UP | MIXED | The current price of ENW.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.16 | 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. |
| Stochastics (14,3) | 13.49 | OVERSOLD | The low Stochastics value suggests ENW.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ENW.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for ENW.CA suggests a strong trend. |
TSX-V:ENW (3/2/2026, 7:00:00 PM)
0.325
0 (0%)
ENWAVE CORP / ENW.CA FAQ
Can you provide the ChartMill technical rating for ENWAVE CORP?
ChartMill assigns a technical rating of 1 / 10 to ENW.CA.
What is the trend direction for ENW stock?
The current trend direction for ENWAVE CORP (ENW.CA) is Bearish.
What is the RSI signal for ENW stock?
ENWAVE CORP (ENW.CA) has an RSI value of 41.1594. This indicates that the stock is currently neutral.
What is the MACD signal for ENWAVE CORP (ENW.CA) stock?
The MACD indicator for ENWAVE CORP (ENW.CA) has a value of 0.000801223, indicating a bearish trend.
What is the buy/sell signal for ENWAVE CORP (ENW.CA) stock?
The buy/sell signal for ENWAVE CORP (ENW.CA) is sell as both the short term and long term trends are negative.