Envela Corp Stock Technical Analysis

Envela Corp Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Envela Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Envela Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Envela Corp Technical Analysis

Envela Corp Trend Analysis

Use this graph to draw trend lines for Envela Corp. You can use it to identify possible trend reversals for Envela Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Envela Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Envela Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Envela Corp applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Envela Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 10.72, which is the sum of squared deviations for the predicted Envela Corp price change compared to its average price change.

Most technical analysis of Envela help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Envela from various momentum indicators to cycle indicators. When you analyze Envela charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

When running Envela Corp's price analysis, check to measure Envela Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envela Corp is operating at the current time. Most of Envela Corp's value examination focuses on studying past and present price action to predict the probability of Envela Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envela Corp's price. Additionally, you may evaluate how the addition of Envela Corp to your portfolios can decrease your overall portfolio volatility.