Enovix corp ENVX.US Trend Analysis

US StockIndustrials
(Powered by Quartr Logo)

ENVX Trend Score

3

24

15

Strong Bearish
  • AI analysis rates ENVX   with the lowest trend score of 1.
  • It is mainly due to  a bearish signal from short and long-term moving averages , along with  the negative AI trend signal.

ENVX Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/05/02 (Daily Update)

Get Growin's Proprietary Indicators!

The above two proprietary indicators are available on the TradingView. Provide your TradingView username and get access to both indicators!

ENVX Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

ENVX Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of ENVX from 2021/01 till Now

23.46%
Cumulative Return
5.01%
Annual Return
40.65%
Volatility
0.12
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from January, 2021 to May, 2025. (Total Trades: 8)

ENVXSectorUS Overall Market
Wining Rate38%33%33%
Avg Return5%0.7%1%
Avg Profit31.7%13.5%14.7%
Avg Loss-11%-5.7%-5.8%
Avg Risk-Reward Ratio286.9%235.3%252.7%

Update to 2025/5/12 (Daily Update)

Top 10 High Relevance to ENVX Trend Score