Enova International Stock Forecast

Hold candidate since Jun 05, 2025 Gain 3.19%

The Enova International Inc stock price fell by -0.103% on the last day (Wednesday, 11th Jun 2025) from $97.09 to $96.99. During the last trading day the stock fluctuated 2.56% from a day low at $96.89 to a day high of $99.37. The price has risen in 6 of the last 10 days and is up by 3.89% over the past 2 weeks. Volume has increased on the last day by 161 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 273 thousand shares were bought and sold for approximately $26.44 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Enova International Inc stock with a 90% probability to be traded between $86.58 and $104.43 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

ENVA Signals & Forecast

The Enova International Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $95.50 and $95.14. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, April 29, 2025, and so far it has fallen -2.57%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Enova International Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $91.79 and $90.72. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Enova International Inc finds support just below today's level at $91.79. If this is broken, then the next support from accumulated volume will be at $90.72 and $89.11.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.48 between high and low, or 2.56%. For the last week, the stock has had daily average volatility of 2.02%.

Our recommended stop-loss: $93.89 (-3.19%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 30 days ago.)

Trading Expectations (ENVA) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Enova International Inc to open at $97.75, and during the day (based on 14 day Average True Range), to move between $94.42 and $99.56, which gives a possible trading interval of +/-$2.57 (+/-2.65%) up or down from last closing price. If Enova International Inc takes out the full calculated possible swing range there will be an estimated 5.29% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $97.43 (0.45%) than the support at $91.79 (5.36%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Enova International Inc stock A Buy?

Enova International Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.804 Hold/Accumulate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $97.75 ( 0.784%).

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