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ENVX

NASDAQ

Enovix Corp · Battery Technology

$7.80
78
Market Cap
$1.4B
Float
155M
Avg Volume
5.5M
RVOL
1.7×
ADR
$0.58
ATR
$0.66

What if I bought 100 shares?

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Current Price
$7.80
Cost
$780.00
Expected Move
±$1.40
Profit Potential
+$140.00
Loss Risk
-$84.00
Risk / Reward1.67 : 1

Trade Setup Generator

Confidence 62
Entry Zone
$7.68 – $7.88
Stop Loss
$7.00
R / R
3.38 : 1
Target 1
$9.00
Target 2
$10.50
Target 3
$11.34
AI explanation

ENVX ranks in the top tier of AlphaRadar's Dollar Move scanner (78/100) thanks to a bullish MACD, 1.7× relative volume, and a near-term catalyst: production ramp. Bull flag after $9 rejection; volume declining constructively.

  • Bullish: Fab-2 yield improvements reported; customer qualification nearing completion.
  • Risks: Yield ramp delays; customer qualification push-outs.
  • Setup: Bull flag after $9 rejection; volume declining constructively.
  • Catalyst: Fab-2 production ramp update in 7 days.

Position Size Calculator

Shares
312
Capital Required
$2433.60
Max Loss
-$250.00
Profit @ T1
+$374.40
Profit @ T2
+$842.40
Profit @ T3
+$1104.48

Company Overview

Developing advanced silicon-anode lithium-ion batteries for mobile and EV applications.

Why This Stock Could Move

Bull Case

Fab-2 yield improvements reported; customer qualification nearing completion.

Bear Case

Battery sector crowded; needs sustained production beat to differentiate.

Technical Setup

Bull flag after $9 rejection; volume declining constructively.

Key Risks

Yield ramp delays; customer qualification push-outs.

Potential Catalyst

Fab-2 production ramp update in 7 days.

Movement Projection

Expected move (next 5d)±$1.40
Avg move after catalyst$1.60
Historical volatility76%
ATR$0.66

News

  • Enovix battery passes automotive thermal testsElectrek · 3h ago

Score Breakdown

Technical88
Fundamental100
Sentiment75
Catalyst Proximity78
Risk Score6/10

Support & Resistance

Support$7.20
Resistance$9.00
Breakout target$10.50
Stop loss$7.00
Risk / reward3.38 : 1

Technical Snapshot

RSI61
MACDBullish
MA CrossoverGolden
Volume9.2M (1.7×)