ENOVA INTERNATIONAL INC. - Daily - Technical analysis published on 02/26/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 21.34 USD
My targets
19.67 USD (-4.24%)
18.04 USD (-12.17%)
My analysis
ENOVA INTERNATIONAL INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 21.34 USD. The next support located at 19.67 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 18.04 USD. Below this support, sellers could then target 13.32 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
6.1
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ENOVA INTERNATIONAL INC. price is 20.54 USD. On the day, this instrument lost -6.17% and was between 20.42 USD and 21.86 USD. This implies that the price is at +0.59% from its lowest and at -6.04% from its highest.20.42
21.86
20.54
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ENOVA INTERNATIONAL INC. in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 13.32 | 19.67 | 20.50 | 20.54 | 21.34 | 22.15 | 24.13 |
| Change (%) | -35.15% | -4.24% | -0.19% | - | +3.89% | +7.84% | +17.48% |
| Change | -7.22 | -0.87 | -0.04 | - | +0.80 | +1.61 | +3.59 |
| Level | Intermediate | Major | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.37 | 20.72 | 21.31 | 21.66 | 22.25 | 22.60 | 23.19 |
| Camarilla | 21.63 | 21.72 | 21.80 | 21.89 | 21.98 | 22.06 | 22.15 |
| Woodie | 20.48 | 20.78 | 21.42 | 21.72 | 22.36 | 22.66 | 23.30 |
| Fibonacci | 20.72 | 21.08 | 21.30 | 21.66 | 22.02 | 22.24 | 22.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.64 | 19.60 | 20.78 | 21.74 | 22.92 | 23.88 | 25.06 |
| Camarilla | 21.38 | 21.58 | 21.77 | 21.97 | 22.17 | 22.36 | 22.56 |
| Woodie | 18.76 | 19.66 | 20.90 | 21.80 | 23.04 | 23.94 | 25.18 |
| Fibonacci | 19.60 | 20.41 | 20.92 | 21.74 | 22.55 | 23.06 | 23.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.15 | 18.04 | 21.55 | 25.44 | 28.95 | 32.84 | 36.35 |
| Camarilla | 23.03 | 23.70 | 24.38 | 25.06 | 25.74 | 26.42 | 27.10 |
| Woodie | 13.96 | 17.95 | 21.36 | 25.35 | 28.76 | 32.75 | 36.16 |
| Fibonacci | 18.04 | 20.87 | 22.61 | 25.44 | 28.27 | 30.01 | 32.84 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.77 | |
| MACD (12,26,9): | -0.4900 | |
| Directional Movement: | -4.15 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 21.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.24 | |
| Elder Ray (13): | -0.53 | |
| Super Trend (3,10): | 24.41 | |
| Zig ZAG (10): | 20.54 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 38.28 | |
| TEMA (21): | 21.05 | |
| Williams %R (14): | -89.21 | |
| Chande Momentum Oscillator (20): | -0.47 | |
| Repulse (5,40,3): | -4.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3100 | |
| Courbe Coppock: | 9.17 |
| MA7: | 21.50 | |
| MA20: | 22.11 | |
| MA50: | 22.90 | |
| MA100: | 22.59 | |
| MAexp7: | 21.45 | |
| MAexp20: | 21.94 | |
| MAexp50: | 22.51 | |
| MAexp100: | 22.78 | |
| Price / MA7: | -4.47% | |
| Price / MA20: | -7.10% | |
| Price / MA50: | -10.31% | |
| Price / MA100: | -9.07% | |
| Price / MAexp7: | -4.24% | |
| Price / MAexp20: | -6.38% | |
| Price / MAexp50: | -8.75% | |
| Price / MAexp100: | -9.83% |
News
Don"t forget to follow the news on ENOVA INTERNATIONAL INC.. At the time of publication of this analysis, the latest news was as follows:
- Enova To Announce Fourth Quarter and Full Year 2019 Results
- WomenInc. Magazine Names Enova Board Member to 2019 Most Influential Corporate Directors List
- Enova Reports Third Quarter 2019 Results
- Enova To Announce Third Quarter 2019 Results
- Enova Announces Pricing of $200 Million Securitization
This member declared not having a position on this financial instrument or a related financial instrument.
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