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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Enovix Corporation (NASDAQ:ENVX)
Crossroads (+60) - ENVX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ENVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ENVX
The long-term trend has been DOWN since Sep 20th, 2023 at 12.750
The intermediate-term trend has been UP since May 2nd, 2024 at 7.878
The short-term trend has been UP since Apr 26th, 2024 at 6.410
Smart Scan Analysis for ENVX
Based on our trend formula, ENVX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.06 | 9.21 | 8.88 | 8.98 | -0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.08 | 1054728 | 2024-05-09 10:50:53 |
| 52wk High | 23.9 | 52wk High Date | 2023-07-27 |
| 52wk Low | 5.7 | 52wk Low Date | 2024-04-25 |
| Average Volume | 7,025,966 | Shares Outstanding | 170,000 |
| Assets | 508,903,000M | Liabilities | 279,625,000M |
| P/E Ratio | -6.41610000 |