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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Enovix Corporation (NASDAQ:ENVX)

Long-Term Downtrend (-90) - ENVX is in a strong downtrend that is likely to continue. While ENVX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
8.40 8.98 8.39 8.93 +0.37
Entry Signal

MarketClub’s Trade Triangles for ENVX

long term down The long-term trend has been DOWN since Sep 3rd, 2024 at 9.382

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2024 at 10.040

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 8.825

Smart Scan Analysis for ENVX

Based on our trend formula, ENVX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ENVX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.40 8.98 8.39 8.93 +0.37
Prev. Close Volume Bid Ask Time
8.93 2814989 2024-11-19 15:59:36
52wk High18.6852wk High Date2024-07-16
52wk Low5.752wk Low Date2024-04-25
Average Volume7,408,192Shares Outstanding177,977
Assets448,021,000MLiabilities280,429,000M
P/E Ratio-6.41610000
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