Enovis's 15min chart indicates bearish momentum with MACD and KDJ death crosses.

Enovis's 15-minute chart recently triggered a MACD Death Cross and a KDJ Death Cross on September 29, 2025 at 11:45. This indicates that the stock price has the potential to continue declining, with momentum shifting towards the downside and potentially leading to further decreases in value.

Enovix Corporation (ENVX), a prominent manufacturer of advanced lithium-ion batteries, recently experienced significant bearish signals on its 15-minute chart. On September 29, 2025, at 11:45, the stock triggered a MACD Death Cross and a KDJ Death Cross, indicating a potential continuation of the downward trajectory Enovis's stock price falls as MACD Death Cross and ...^[1].

The MACD Death Cross, where the MACD line crosses below the signal line, is a well-known technical indicator that typically signals a change in the trend from bullish to bearish. Additionally, the KDJ Death Cross, which occurs when the K line crosses below the D line, suggests a shift in momentum towards the downside Enovis's stock price falls as MACD Death Cross and ...^[1]. These signals are often followed by a period of consolidation or a downward trend.

Enovix's stock has shown increased volatility in recent days. On September 23, 2025, the stock declined by 3.68%, falling from $32.35 to $31.16, marking three consecutive days of decline . The stock has been trading within a wide horizontal trend, with a projected range between $25.76 and $35.96 for the next three months .

Technical analysis also indicates that Enovix holds a sell signal from the short-term Moving Average while showing a buy signal from the long-term average. The short-term average is currently above the long-term average, suggesting a general buy signal. However, the stock is expected to meet resistance at approximately $32.40 and find support at around $30.51 .

Given the current signals and market conditions, Enovix's stock is considered a sell candidate. However, the stock's recent horizontal trend and the possibility of a turnaround situation make it a hold candidate for investors awaiting further development . The predicted fair opening price for Enovix on September 29, 2025, is $31.70, indicating a potential 1.73% increase from the previous day's closing price .

Despite the bearish signals, investors should closely monitor the stock for any signs of a potential turnaround.