Is Envela Corp. technically bullish or bearish?
As of September 9, 2025, Envela Corp. is in a bullish trend supported by positive MACD, Bollinger Bands, and moving averages, despite a mildly bearish weekly OBV, and has outperformed the S&P 500 over the past year with a 42.19% return.
As of 9 September 2025, the technical trend for Envela Corp. has changed from mildly bullish to bullish. The current stance is bullish, supported by weekly and monthly MACD indicators, which are both bullish, as well as bullish signals from Bollinger Bands and KST. The daily moving averages also indicate a bullish trend. However, the weekly OBV shows a mildly bearish stance, while the Dow Theory indicates a mildly bullish trend on a monthly basis. In terms of performance, Envela Corp. has outperformed the S&P 500 over the past year with a return of 42.19% compared to the S&P 500's 17.14%, although it has lagged behind the index over longer periods, particularly in the 3Y and 5Y returns.
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