Stock Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
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.
MarketClub’s Trade Triangles for ENVX
The long-term trend has been DOWN since Jan 10th, 2022 at 18.53
The intermediate-term trend has been DOWN since Dec 6th, 2021 at 29.00
The short-term trend has been DOWN since Jan 14th, 2022 at 18.32
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).
|52wk High||39.48||52wk High Date||2021-11-22|
|52wk Low||11.65||52wk Low Date||2021-05-12|
|Average Volume||1,336,621||Shares Outstanding||145,246|