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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Enovix Corporation (NASDAQ:ENVX)

Countertrend Up (+85) - ENVX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_ENVX
Open High Low ENVX Price Change
12.040 12.605 11.960 12.465 +0.255
Entry Signal

MarketClub’s Trade Triangles for ENVX

long term up The long-term trend has been UP since Jun 10th, 2024 at 11.390

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 7.878

short term down The short-term trend has been DOWN since Jun 17th, 2024 at 11.965

Smart Scan Analysis for ENVX

Based on our trend formula, ENVX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ENVX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.040 12.605 11.960 12.465 +0.255
Prev. Close Volume Bid Ask Time
12.460 2876794 2024-06-18 15:59:11
52wk High23.952wk High Date2023-07-27
52wk Low5.752wk Low Date2024-04-25
Average Volume5,248,324Shares Outstanding170,000
Assets508,903,000MLiabilities279,625,000M
P/E Ratio-6.41610000
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