ENVESTNET INC

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	ENV
ISIN:

ENVESTNET INC - Daily - Technical analysis published on 09/30/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

17%

44%

39%

My opinion

Bearish under 57.37 USD

My targets

52.32 USD (-8.16%)

50.28 USD (-11.74%)

My analysis

ENVESTNET 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 57.37 USD. The next support located at 52.32 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 50.28 USD. Below this support, sellers could then target 46.64 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

FORCE

Comment on the analysis

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 ENVESTNET INC price is 56.97 USD. The price registered a decrease of -1.09% on the session and was between 56.26 USD and 57.87 USD. This implies that the price is at +1.26% from its lowest and at -1.56% from its highest.

56.26

57.87

56.97

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of ENVESTNET INC in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	46.64	50.28	52.32	56.97	57.37	60.64	63.80
Change (%)	-18.13%	-11.74%	-8.16%	-	+0.70%	+6.44%	+11.99%
Change	-10.33	-6.69	-4.65	-	+0.40	+3.67	+6.83
Level	Major	Minor	Minor	-	Major	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.43	56.32	56.96	57.85	58.49	59.38	60.02
Camarilla	57.18	57.32	57.46	57.60	57.74	57.88	58.02
Woodie	55.31	56.26	56.84	57.79	58.37	59.32	59.90
Fibonacci	56.32	56.90	57.27	57.85	58.43	58.80	59.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55.32	56.77	58.43	59.88	61.54	62.99	64.65
Camarilla	59.25	59.53	59.82	60.10	60.39	60.67	60.96
Woodie	55.44	56.82	58.55	59.93	61.66	63.04	64.77
Fibonacci	56.77	57.96	58.69	59.88	61.07	61.80	62.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.87	43.70	50.46	61.29	68.05	78.88	85.64
Camarilla	52.37	53.99	55.60	57.21	58.82	60.44	62.05
Woodie	30.83	42.68	48.42	60.27	66.01	77.86	83.60
Fibonacci	43.70	50.42	54.57	61.29	68.01	72.16	78.88

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):	39.66
MACD (12,26,9):	-0.5300
Directional Movement:	-11.44
AROON (14):	-35.71
DEMA (21):	57.71
Parabolic SAR (0,02-0,02-0,2):	60.91
Elder Ray (13):	-1.36
Super Trend (3,10):	56.33
Zig ZAG (10):	56.97
VORTEX (21):	1.0100
Stochastique (14,3,5):	23.65
TEMA (21):	58.62
Williams %R (14):	-85.97
Chande Momentum Oscillator (20):	-1.03
Repulse (5,40,3):	-2.4500
ROCnROLL:	2
TRIX (15,9):	-0.1400
Courbe Coppock:	3.52

MA7:	58.62
MA20:	58.35
MA50:	61.26
MA100:	65.11
MAexp7:	58.19
MAexp20:	58.60
MAexp50:	60.73
MAexp100:	62.63
Price / MA7:	-2.81%
Price / MA20:	-2.37%
Price / MA50:	-7.00%
Price / MA100:	-12.50%
Price / MAexp7:	-2.10%
Price / MAexp20:	-2.78%
Price / MAexp50:	-6.19%
Price / MAexp100:	-9.04%

News

The latest news and videos published on ENVESTNET INC at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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