RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ENSV
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Enservco Corporation stock upgraded from Strong Sell Candidate to Sell Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Loss -2.08% PDF

The Enservco Corporation stock price fell by -0.92% on the last day (Thursday, 28th Mar 2024) from $0.195 to $0.193. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 6.23% from a day low at $0.193 to a day high of $0.205. The price has fallen in 6 of the last 10 days and is down by -1.07% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -343 thousand shares and in total, 133 thousand shares were bought and sold for approximately $25.81 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -9.35% during the next 3 months and, with a 90% probability hold a price between $0.146 and $0.211 at the end of this 3-month period.

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ENSV Signals & Forecast

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. The Enservco Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.207 and $0.205. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 20, 2024, and so far it has fallen -17.70%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Enservco Corporation stock

Enservco Corporation finds support from accumulated volume at $0.187 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0120 between high and low, or 6.23%. For the last week the stock has had daily average volatility of 8.59%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ENSV) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Enservco Corporation to open at $0.197, and during the day (based on 14 day Average True Range), to move between $0.174 and $0.213, which gives a possible trading interval of +/-$0.0196 (+/-10.11%) up or down from last closing price. If Enservco Corporation takes out the full calculated possible swing range there will be an estimated 20.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.187 (3.41%) than the resistance at $0.209 (8.07%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Enservco Corporation stock A Buy?

Enservco Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.138 Sell Candidate Upgraded

Predicted Opening Price for Enservco Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.197 ( 1.79%) $0.193

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ENSV

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.209 8.00 %
R2 0.204 5.63 %
R1 0.201 4.16 %
Current price: 0.193
Support S1 0.192 -0.578 %
S2 0.189 -2.04 %
S3 0.185 -4.41 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.235 21.51 %
R2 0.223 15.15 %
R1 0.209 8.07 %
Current price 0.193
Support S1 0.187 -3.41%
S2 0.186 -4.08%
S3 0.183 -5.17%

ENSV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 02, 2009 Dec 03, 2009 Nov 23, 2020 $10.95 538.08%
2 Nov 08, 2006 Nov 16, 2006 Dec 06, 2006 $0.750 1.45%

FAQ

What is the symbol for Enservco Corporation Stock and on which exchange is it traded?
The symbol for Enservco Corporation is ENSV and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Enservco Corporation Stock?
Enservco Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Enservco Corporation Stock?
Enservco Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Enservco Corporation Stock.

What's the current price of Enservco Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Enservco Corporation (ENSV) share was $0.193.

What is the 52-week high and low for Enservco Corporation Stock?
The 52-week high for Enservco Corporation Stock is $0.690 and the 52-week low is $0.171.

What is the market capitalization of Enservco Corporation Stock?
As of the 2024-03-28, the market capitalization of Enservco Corporation is 5.199M.

When is the next earnings date for Enservco Corporation?
The upcoming earnings date for Enservco Corporation is Mar 29, 2024.
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About Enservco Corporation

Enservco Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, and water hauling, as well as well site construction services. The company owns and operates a fleet of approximately 318 specialized trucks, trailers, frac tanks, and other well-site related equipment. It ope... ENSV Profile

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