Pretiming: Daily ENVX stock forecast

Notification

> It's updated daily, weekly
> If you subscribe to the Pretiming Premium, you can receive daily/weekly global stock price forecasts of your choice via email.
Thank you.

Search

Showing posts with label Daily ENVX stock forecast. Show all posts
Showing posts with label Daily ENVX stock forecast. Show all posts

ENVX. Enovix Corporation (ENVX) stock for the next 10-Day forecast and technical analysis.

ENVX Stock 10-Day forecast and technical analysis by pretiming.

Closed price

Jun 02, 2023

14.27

-1.45%

Appropriate Investment Position: Sell

Today's stock price Buy-Sell strength analysis

The current trend appears to be 'Entering a correction trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and an appropriate LOW-price compared to the current trend. Finally, the CLOSE-price closed with a weaker decline rate than the current trend.

The overall buy-sell strength indicates that the sell strength is stronger than the buy.

Assuming that the average sell strength is -100%,

Today's sell strength is

-67%

 

 

Tomorrow's stock price Buy-Sell strength Forecast

Based on recent stock trends and technical analysis, it looks like ENVX stock is poised for an Correction trend tomorrow

The %strength of Risk & Return tomorrow :

-50%

HIGH ~ LOW % range tomorrow :

1.7%

-6.5%

Predicted Average loss over the next 3 days:

-18.3%

The price of ENVX stock moves in line with the rise and fall of the stock market index with a probability of

63%

 

, and conversely, it moves against the stock market index trend with a probability of

37%

 

 

ENVX stock price 10 Day forecast

It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 9 : 1 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is somewhat higher, while the upward strength is moderate. Currently, it's about to begin a correction trend as an upward trend gradually gives way to a slowdown in rises and falling fluctuations. and The Buy-Sell strength has changed from a strong buying flow to a suddenly strengthening selling flow.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Jun 05

 

 

A good price to sell a stock:

$ 14.38

And the appropriate buying timing is predicted to be in 9 days.

 

The buying date is

Jun 14

to

Jun 15

A good price to buy a stock:

$ 9.82

(Forecast may change due to changes in the Buy-Sell strength)

Volatility of forecast

Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile.

Predicting the turning point of the trend

The probability of a trend reversal occurring Today and approximately 7 days from now

68%

Forecast of Upper~Lower price range over the next 10 days

Price:

10.31

~

15.13

% Change:

-27.7%

~

6.0%

Median price between the upper and lower prices

12.72

-10.9%

Analysis of the trend zone & level% and average strength of trends

For the last 30 days, the average trend zone & level%

Bullish

2%

The Current trend zone & level%

Bullish

119%

The expected average trend zone & level% for the next 10 days

Bearish

-115%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

28%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-51%

(Min -100%)

Forecasting the strength of the trend and the range of the HIGH ~ LOW

Trend

Strength%

HIGH

LOW

In 1 day: Correction trend

-50%

1.7%

-6.5%

In 2 days: Correction trend

-50%

1.1%

-7.8%

In 3 days: Downtrend

-100%

1.1%

-7.9%

In 4 days: Entering a rebound trend

-21%

1.1%

-4.0%

In 5 days: Entering a rebound trend

-14%

1.2%

-3.5%

In 6 days: Entering a rebound trend

6%

1.1%

-3.0%

In 7 days: Reversion to a downtrend

-97%

-0.3%

-6.4%

In 8 days: Downtrend

-52%

-0.3%

-3.7%

In 9 days: Downtrend

-26%

1.1%

-3.0%

In 10 days: Turning into a rebound trend

50%

6.5%

-1.7%

Average closing price in case of rising:

 

3.5%

=> HIGH ~ LOW range:

5.6%

~

-2.3%

Average closing price in case of falling:

 

-3.9%

=> HIGH ~ LOW range:

2.7%

~

-5.7%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.