ENZL in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 10, 2024
ENZL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 45 cases where ENZL's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ENZL advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 238 cases where ENZL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 06, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ENZL as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ENZL turned negative on December 06, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 38 similar instances when the indicator turned negative. In of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at .
ENZL moved below its 50-day moving average on December 03, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENZL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Miscellaneous
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MDCPX | 27.52 | N/A | N/A |
| BlackRock Sustainable Balanced Inv A | |||
| RAZAX | 10.93 | N/A | N/A |
| Russell Inv Multi-Asset Growth Strat A | |||
| JIHIX | 16.58 | -0.02 | -0.12% |
| JPMorgan International Hedged Equity I | |||
| JGMNX | 28.53 | -0.21 | -0.73% |
| Janus Henderson Triton N | |||
| RYFAX | 85.47 | -0.80 | -0.93% |
| Rydex Financial Services H | |||
ENZL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ENZL has been closely correlated with EWA. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if ENZL jumps, then EWA could also see price increases.
| Ticker / NAME | Correlation To ENZL | 1D Price Change % | ||
|---|---|---|---|---|
| ENZL | 100% | +0.78% | ||
| EWA - ENZL | 70% Closely correlated | +0.27% | ||
| EWU - ENZL | 61% Loosely correlated | -0.27% | ||
| EWC - ENZL | 60% Loosely correlated | -0.61% | ||
| BBCA - ENZL | 55% Loosely correlated | -0.48% | ||
| EWY - ENZL | 52% Loosely correlated | -1.31% | ||
More | ||||