Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Amber List
ENVAEnova International, Inc.
7.1σ
decline sigma — volatility-normalized move (typical daily 2.36%)
Current
$224.03
Decline depth
—
Decline σ
7.1σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$ENVA landed on the list 2026-03-08, down 21.4% from its 52-week high that day — now $224.03.
It has clawed back 46.7 percentage points off that level. It bottomed 26.6% below that high along the way.
From the 52-week high as of 2026-03-09 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
ENVA qualifies for the Amber List on decline sigma.
Time-frame continuity
2/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
7.1σ
Drop over the last 20 bars in units of daily volatility (2.36%/day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about ENVA.
ENVA qualifies for the Amber List on decline sigma — the recent drop measures 7.1σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 1 (red), monthly 2D (red).
Questions about ENVA
What people ask.
Why is ENVA on Broken Stocks?
ENVA qualifies for the Amber List on decline sigma. The recent drop measures 7.1σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (2.36%).
Is ENVA a falling knife?
ENVA is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is ENVA a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is ENVA trading inside its 52-week range?
At $224.03, ENVA sits 46.9% of the way from its 52-week low ($185.69) to its 52-week high ($267.45). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.