Moving average indicators are used widely for stock analysis. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. One of the more popular combinations is to use the 50-day and 200-day moving averages. Investors may use the 200-day MA to help smooth out the data a get a clearer long-term picture. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. Presently, the 200-day moving average is at 0.14 and the 50-day is 0.12.

The Average Directional Index or ADX is technical analysis indicator used to discern if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. Currently, the 14-day ADX for Envoy Group Corp (ENVV) is 10.19. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Shifting gears to the Relative Strength Index, the 14-day RSI is currently sitting at 43.87, the 7-day is 44.01, and the 3-day is currently at 45.44 for Envoy Group Corp (ENVV). The Relative Strength Index (RSI) is a highly popular momentum indicator used for technical analysis. The RSI can help display whether the bulls or the bears are currently strongest in the market. The RSI may be used to help spot points of reversals more accurately. The RSI was developed by J. Welles Wilder. As a general rule, an RSI reading over 70 would signal overbought conditions. A reading under 30 would indicate oversold conditions. As always, the values may need to be adjusted based on the specific stock and market. RSI can also be a valuable tool for trying to spot larger market turns.

At the time of writing, Envoy Group Corp (ENVV) has a 14-day Commodity Channel Index (CCI) of -38.06. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Envoy Group Corp (ENVV)’s Williams %R presently stands at -54.55. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.

Investors may be looking to compare the current stock price of Envoy Group Corp (ENVV) to some of its moving averages. After a recent check, the 200-day MA is resting at 0.14, and the 50-day is 0.12. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock.

Traders may also be paying close attention to RSI levels on shares of Envoy Group Corp (ENVV). The current 14-day RSI is presently sitting at 40.92, the 7-day is 35.33, and the 3-day is 20.88. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.

Let’s take a further look at the Average Directional Index or ADX. The ADX measures the strength or weakness of a particular trend. Investors and traders may be looking to figure out if a stock is trending before employing a specific trading strategy. The ADX is typically used along with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) which point to the direction of the trend. The 14-day ADX for Envoy Group Corp (ENVV) is currently at 10.60. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R is resting at -45.00. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

One of the basic tenets put forth by Charles Dow in the Dow Theory is that security prices do trend. Trends are often measured and identified by “trendlines.” A trendline is a sloping line that is drawn between two or more prominent points on a chart. Rising trends are defined by a trendline that is drawn between two or more troughs (low points) to identify price support. Falling trend-s are defined by trendlines that are drawn between two or more peaks (high points) to identify price resistance.

Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Envoy Group Corp (ENVV)’s Williams %R presently stands at -36.36. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.

Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R presently is at -36.36. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold. The Williams %R indicator helps show the relative situation of the current price close to the period being observed.

We can also take a look at the Average Directional Index or ADX of Envoy Group Corp (ENVV). The ADX is used to measure trend strength. ADX calculations are made based on the moving average price range expansion over a specified amount of time. ADX is charted as a line with values ranging from 0 to 100. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. The 14-day ADX sits at 10.05. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend. At the time of writing, Envoy Group Corp (ENVV) has a 14-day Commodity Channel Index (CCI) of -1.06. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

A commonly used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA is sitting at 0.14. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is presently standing at 45.55, the 7-day is 48.82, and the 3-day is resting at 55.71.

Envoy Group Corp. (OTCPK:ENVV) presently has a current ratio of 0.27. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. The ratio is simply calculated by dividing current liabilities by current assets. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations.

Return on Assets
There are many different tools to determine whether a company is profitable or not. One of the most popular ratios is the “Return on Assets” (aka ROA). This score indicates how profitable a company is relative to its total assets. The Return on Assets for Envoy Group Corp. (OTCPK:ENVV) is . This number is calculated by dividing net income after tax by the company’s total assets. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return.

Envoy Group Corp. (OTCPK:ENVV)’s Leverage Ratio was recently noted as . This ratio is calculated by dividing total debt by total assets plus total assets previous year, divided by two. The leverage of a company is relative to the amount of debt on the balance sheet. This ratio is often viewed as one measure of the financial health of a firm.

ERP5 Rank
The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The ERP5 of Envoy Group Corp. (OTCPK:ENVV) is 17229. The lower the ERP5 rank, the more undervalued a company is thought to be.

FCF Yield 5yr Avg
The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. The average FCF of a company is determined by looking at the cash generated by operations of the company. The Free Cash Flow Yield 5 Year Average of Envoy Group Corp. (OTCPK:ENVV) is .

Ever wonder how investors predict positive share price momentum?  The Cross SMA 50/200, also known as the “Golden Cross” is the fifty day moving average divided by the two hundred day moving average.  The SMA 50/200 for Envoy Group Corp. (OTCPK:ENVV) is currently 0.81188.  If the Golden Cross is greater than 1, then the 50 day moving average is above the 200 day moving average – indicating a positive share price momentum.  If the Golden Cross is less than 1, then the 50 day moving average is below the 200 day moving average, indicating that the price might drop.

Magic Formula
The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price. The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The MF Rank of Envoy Group Corp. (OTCPK:ENVV) is 16662. A company with a low rank is considered a good company to invest in. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, “The Little Book that Beats the Market”.

Stock volatility is a percentage that indicates whether a stock is a desirable purchase.  Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.  The Volatility 12m of Envoy Group Corp. (OTCPK:ENVV) is 314.7617.  This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.  The lower the number, a company is thought to have low volatility.  The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months.  The Volatility 3m of Envoy Group Corp. (OTCPK:ENVV) is 176.6512.  The Volatility 6m is the same, except measured over the course of six months.  The Volatility 6m is 325.2624.

Yield
After a recent scan, we can see that Envoy Group Corp. (OTCPK:ENVV) has a Shareholder Yield of and a Shareholder Yield (Mebane Faber) of -0.26235. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

It is 0.00% or $0 reaching $0.125 per share. It is down 0.00% since October 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Envoy Group Corp. is a shell company. The company has market cap of $12.24 million. The Firm intends to develop a service to provide adult day care. It currently has negative earnings. The Firm offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free.

More notable recent Envoy Group Corp (OTCMKTS:ENVV) news were published by: Globenewswire.com which released: “Envoy Secures $450000 financing for Hardware Shipment to BitReturn Datacenter” on June 27, 2017, also Globenewswire.com with their article: “Envoy Group Corp is Pleased to Introduce the Core Line of Louis XIV Energy Drinks” published on December 11, 2015, Globenewswire.com published: “Envoy Group Corp. Investor Update” on August 02, 2017. More interesting news about Envoy Group Corp (OTCMKTS:ENVV) were released by: Globenewswire.com and their article: “Envoy Group Corp Acquires Exclusive License to Unique Digital-to-Real …” published on October 18, 2017 as well as Globenewswire.com‘s news article titled: “Envoy Group Provides Update, Discusses Revenue Creation and Opportunities in …” with publication date: August 29, 2017.

It is 0.00% or $0 reaching $0.125 per share. It is down 0.00% since October 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Envoy Group Corp. is a shell company. The company has market cap of $12.24 million. The Firm intends to develop a service to provide adult day care. It currently has negative earnings. The Firm offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free.

More notable recent Envoy Group Corp (OTCMKTS:ENVV) news were published by: Globenewswire.com which released: “Envoy Group Corp is pleased to introduce BitReturn” on June 19, 2017, also Globenewswire.com with their article: “Envoy Group Corp is Pleased to Introduce the Core Line of Louis XIV Energy Drinks” published on December 11, 2015, Globenewswire.com published: “Envoy Group Provides Update, Discusses Revenue Creation and Opportunities in …” on August 29, 2017. More interesting news about Envoy Group Corp (OTCMKTS:ENVV) were released by: Globenewswire.com and their article: “Envoy Group Corp: First Shipment of Louis XIV Energy Drink to the Caribbean” published on May 03, 2016 as well as Marketwatch.com‘s news article titled: “0.125” with publication date: February 10, 2014.

Currently, the 14-day ADX for Envoy Group Corp (ENVV) is sitting at 13.55. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R is resting at -50.91. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

Envoy Group Corp (ENVV) has a current 14-day RSI reading of 50.05, the 7-day is 61.65, and the 3-day is 76.19. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the stock may be experiencing strength. The opposite is the case when the RSI line is moving lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.

When performing stock analysis, investors and traders may opt to view technical levels. Envoy Group Corp (ENVV) presently has a 14-day Commodity Channel Index (CCI) of 149.67. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory.

A widely used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for spotting peaks and troughs. They may also be used to help the trader figure out reliable support and resistance levels for the stock. Currently, the 200-day MA is sitting at 0.14.

The company had just picked up quite a substantial run on the back of a pivot into the cryptocurrency space and, subsequent to the run, we made an attempt to figure out exactly what it entailed and where it would take Envoy near term.

ENVV Daily Chart

Our conclusion was that the company was looking to take blockchain technology and apply it to an industry that, presently, is underpinned a less advanced framework.

It has taken a couple of months and we have finally got an answer. Turns out we weren’t quite on the money but we were in the right ballpark.

On October 18, Envoy put out this release.

Basically, the company is going to change its name to Black Cactus Global and, concurrent to the name change, has signed an agreement that will see it acquire what it calls a Digital-to-Real Financial Trading and Processing Platform.

These sort of press releases, and especially as is the case in this space right now (the blockchain and cryptocurrency space) are often filled with jargon. Most of the time it’s not because the company is trying to confuse readers, but because even those writing press releases aren’t really sure exactly what they are trying to get across.

This is a new space and technology is very much at the stage where it’s complicated to the masses.

What Black Cactus Global is trying to say here is that the company has picked up an as-yet-unnamed platform (unnamed in the sense that we don’t know which platform it is, there’s a good chance it’s one of the existing and well-established platforms in the sector) that is capable of exchanging fiat currency (so, USD, GBP, etc.) to cryptocurrency and back again. This is an important discrepancy – the company calls it digital currency, which it is not. Cryptocurrency is backed by encryption while digital currency is just a virtual representation of fiat (so, PayPal, for example).

Anyway, the company now has this platform in hand and the company’s co-founder and managing director, Lawrence Cummins, who reportedly holds degrees from The University of Oxford and Northwestern, is set to become CEO of Black Cactus Global.

So where does the company go from here?

Well, it all depends on what the plan is as far as expansion is concerned. What we don’t yet know is whether Black Cactus Global intends to run this platform as a sort of primary operation or whether it intends to build out the technology to include ancillary services – just has Coinbase, the online wallet and exchange company that currently dominates the bitcoin space has done with GDAX, it’s algo-trading platform, for example.

If this latter scenario is the case, there’s the potential for some near-term growth on a couple of fronts – user acquisition and service expansion.

Primarily, then, that’s what we are looking for from the newly named Black Cactus Global near term. If the company can serve up some clarity as to exactly which platform it has acquired it will be possible to put together some estimates as to what the impact of this acquisition will be from a revenues perspective based on estimated user count count as things stand.

Management has stated that it intends to put out further communication associated with the transaction near term, so there is a good chance we will get what we’re looking for from the company before the close of this quarter.

When we do, it could run.

Keep in mind that this is a volatile space right now and there’s no guarantee that the platform this company has acquired is already established and, in turn, has any users. With that said, however, bitcoin continues to rise ($5,800 at last count) and even against the backdrop of muted operational activity, there is a good chance Black Cactus Global will appreciate moving forward.

Investors have plenty to keep up with when following day to day business news. Sifting through the headlines can be cumbersome, and figuring out which data to pay attention to can be very time consuming. News events can play a big role in the investing world. Big news has the ability to push a stock up or down. Sometimes the move may be justified, and other times it may not be. Disciplined investors are usually skilled at determining which information to focus on. Overreactions can play a large role in determining the long-term health of a portfolio. Investors often have to understand that a great stock can see periods of decline just as a weak stock may experience periods of strength. Putting in the research hours can help the investor prepare for opportunities when they spot unusual action in the stock market.

Taking a deeper look into the technical levels of Envoy Group Corp (ENVV), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -49.09. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Envoy Group Corp (ENVV) currently has a 14-day Commodity Channel Index (CCI) of 152.00. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, Envoy Group Corp’s  14-day RSI is currently at 50.46, the 7-day stands at 63.34, and the 3-day is sitting at 83.26.

Currently, the 14-day ADX for Envoy Group Corp (ENVV) is sitting at 13.55. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

For further review, we can take a look at another popular technical indicator. In terms of moving averages, the 200-day is currently at 0.14, the 50-day is 0.15, and the 7-day is resting at 0.13. Moving averages are a popular trading tool among investors. Moving averages can be used to help filter out the day to day noise created by other factors. MA’s may be used to identify uptrends or downtrends, and they can be a prominent indicator for detecting a shift in momentum for a particular stock. Many traders will use moving averages for different periods of time in conjunction with other indicators to help gauge future stock price action.

The Ichimoku Cloud was originally called the ‘Ichimoku Kinko Hyo.’ Where Ichimoku means ‘one glance,’Kinko ‘balance’ and Hyo ‘chart.’ Thus the full translation could best be described as ‘one glance balanced chart.’ Originally developed by Goichi Hosada pre WWII, a newspaper journalist (published in 1969) who wanted to develop an Uber-indicator that could provide the trader with various levels of support/resistance, entry/exit points, direction of the trend, and strength of the signal.

The most basic theory of this indicator is that if the price is above the cloud, the overall trend is bullish while below the cloud is bearish, and in the cloud is non-biased or unclear. Lastly, when the price is above the cloud, then the top of the cloud will act as a general support level, and when price is below, the cloud base will act as resistance. But remember the cloud has thickness, and thus resistance does as well, which by making these thicker reduces the risk of a false breakout.

Another popular tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA is sitting at 0.14, and the 50-day is 0.16.

The 14-day ADX for Envoy Group Corp (ENVV) is currently at 14.53. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend. Checking in on some other technical levels, the 14-day RSI is currently at 44.67, the 7-day stands at 47.27, and the 3-day is sitting at 49.20. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings.

At the time of writing, Envoy Group Corp (ENVV) has a 14-day Commodity Channel Index (CCI) of -16.94. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Envoy Group Corp (ENVV)’s Williams %R presently stands at -58.91. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.

Envoy Group Corp (ENVV) currently has 5 day MA of 0.1222. Investors may use moving averages for multiple purposes. Some may use the moving average as a primary trading tool, while others may use it as a back-up. Investors may be looking for when the stock price crosses a certain moving average and then closes on the other side. These moving average crossovers may be used to help identify momentum shifts, or possible entry/exit points. A cross below a particular moving average may signal the start of a downward move. On the other end, a cross above a moving average may suggest a possible uptrend. Investors may be focused on many different time periods when studying moving averages. The stock currently has a 200 day MA of 0.1428.

Taking a look at some indicators on shares of Envoy Group Corp (ENVV), we note that the reading from the 40-day commodity channel index is currently Hold. The CCI indicator is primarily used to identify oversold and overbought levels. The signal direction is currently Rising. Checking on the 50-day parabolic time/price signal, we can see the signal is presently Sell. The signal direction is currently reading Weakening. Investors may opt to study a variety of different indicators in order to gain further insight on company share action. Traders may have increased interest when shares are nearing key support and resistance levels.

Tracking current trading session activity on shares of Envoy Group Corp (ENVV), we can see that the stock price recently hit 0.1226. Since the start of the session, the stock has reached a high of 0.1274 and hit a low of 0.118. Focusing in on some other information, we can see that the stock has a current weighted alpha of -9.79. The weighted alpha measures how much the stock has increased or decreased over the period of one full year. The weighting puts greater emphasis on more recent activity offering a more relevant measure for short-term technical analysts to use. A positive weighted alpha reading indicates that shares have risen over the past year. A negative reading would indicate that the stock is down over that same time period. Technical traders often use the weighted alpha to help discover stocks that are developing momentum. Current and potential shareholders will be earnestly watching to see how the stock performs as we near the midway point of the calendar year.

Envoy Group Corp (ENVV) currently has a 6 month MA of 0.222. Investors may use moving averages for different reasons. Some may use the moving average as a primary trading tool, while others may use it as a back-up. Investors may be watching when the stock price crosses a certain moving average and then closes on the other side. These moving average crossovers may be used to help identify momentum shifts, or possible entry/exit points. A cross below a certain moving average may signal the beginning of a downward move. On the other end, a cross above a moving average may indicatet a possible uptrend. Investors may be focused on multiple time periods when studying moving averages. Zooming out a bit further, we have noted that the 9 month moving average is currently 0.1944.

Investors may be tracking the average range on shares of Envoy Group Corp (ENVV). The stock currently has a 9 day average range of 0.0197. This a moving average of trading ranges over a 9 day time frame. With this value, higher numbers tend to occur at market bottoms while lower values may be spotted during extended sideways periods. Looking at the 9 day relative strength reading, we can see that the value is currently 49.62%. This technical momentum indicator compares the size of recent gains to recent losses helping to identify possible overbought and oversold conditions.

Shifting gears, we see that the opinion signal for the current session is 56% Sell for Envoy Group Corp. Investors may also be watching the strength and direction of the opinion signals. The opinion direction is presently Weakest. This is a measurement over the last three trading sessions that gives an indication of whether the latest recent price movement is following the signal. A Buy or Sell signal with a “Strongest” direction indicates that the signal is gaining strength. The opinion strength signal is presently reading Weak. This is a longer-term measure verse the historical strength.

Envoy Group Corp (ENVV) currently has a standard deviation of +0.75. Standard deviation is defined as a measure of the dispersion from the mean in regards to a data set. When dealing with financial instruments, the standard deviation is applied to the annual rate of return to help measure the volatility of a particular investment. Watching the standard deviation may help investors see if a stock is primed for a major move. The stock’s current pivot is 0.1253. The pivot point is typically used as a trend indicator. The pivot is the average of the close, low, and high of the prior trading period.

Chaikin Money Flow (CMF), created by Marc Chaikin, is a technical analysis indicator used to measure Money Flow Volume over a window of time. It attempts to measure buying and selling pressures of a security for single period. CMF then sums Money Flow Volume over a user-defined number of periods and divides by the total volume for that number of periods. The result varies between 1 and -1.

Taking a look at some additional technical indicators, we see that currently Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R is resting at -63.33. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

Envoy Group Corp (ENVV) presently has a 14-day Commodity Channel Index (CCI) of -35.85. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. Checking on another technical indicator, the 14-day RSI is currently sitting at 42.32, the 7-day rests at 40.23, and the 3-day is presently at 26.19 for Envoy Group Corp (ENVV).

Investors have the ability to approach the stock market from various angles. This may include using technical analysis, fundamental analysis, or a combination or the two. Investors watching the technical levels may be trying to chart patterns and discover trends in stock price movement. Investors tracking the fundamentals may be looking closely at many different factors. They may be focused on industry performance, earnings estimates, dividend payouts, and other factors. They might also be studying how the company is run, and trying to figure out the true value of the firm. Keeping track of all the data may seem overwhelming, but it may help give a needed boost to the portfolio.

The Relative Strength Index (RSI) is a highly popular technical indicator. The RSI is computed base on the speed and direction of a stock’s price movement. The RSI is considered to be an internal strength indicator, not to be confused with relative strength which is compared to other stocks and indices. The RSI value will always move between 0 and 100. One of the most popular time frames using RSI is the 14-day.

Moving average indicators are commonly tracked by technical stock analysts. Many traders will use a combination of moving averages with multiple time periods to help spot stock trend direction. One of the more popular combinations is to use the 50-day and 200-day moving averages. Investors may use the 200-day MA to help smooth out the data a get a clearer long-term picture. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. Presently, the 200-day moving average is at 0.14, and the 50-day is 0.17. The 14-day ADX for Envoy Group Corp (ENVV) is standing at 16.68. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal.

The stock decreased 3.23% or $0.004 on October 10, reaching $0.12. About 462,440 shares traded. Envoy Group Corp (OTCMKTS:ENVV) has 0.00% since October 11, 2016 and is . It has underperformed by 16.70% the S&P500.

Envoy Group Corp. is a shell company. The company has market cap of $11.75 million. The Firm intends to develop a service to provide adult day care. It currently has negative earnings. The Firm offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free.

More notable recent Envoy Group Corp (OTCMKTS:ENVV) news were published by: Globenewswire.com which released: “Envoy Group Corp: First Shipment of Louis XIV Energy Drink to the Caribbean” on May 03, 2016, also Globenewswire.com with their article: “Envoy Group Corp. Investor Update” published on August 02, 2017, Globenewswire.com published: “Envoy Rolls Out Centralized Management of Crypto Mining” on August 10, 2017. More interesting news about Envoy Group Corp (OTCMKTS:ENVV) were released by: Globenewswire.com and their article: “Envoy Group Corp to Acquire Tryst” published on November 20, 2015 as well as Globenewswire.com‘s news article titled: “Envoy Group Corp is pleased to introduce BitReturn” with publication date: June 19, 2017.

The balance step is a simple Moving Average calculated from last 5 Balance Points (MA/3),5) of the weekly period bar plotted in step formation on the daily chart. This chart is used to project 1 bar forward (one day). The weekly steps can be used to determine a near-term trend. When the price is above, this typically indicates a bullish trend. When the price is below the Balance Step, this generally spells a bearish trend.

There is no easy answer when attempting to address the tough question of how to best approach the equity market, especially when facing a turbulent investing climate. There are many different schools of thought when it comes to stock trading. Investors may have to first gauge their appetite for risk in order to build a solid platform on which to construct a legitimate strategy. The wealth of available information has made the road a bit smoother to travel for amateur investors. Making the transition to the next level is most likely on the minds of many dedicated investors. Tracking technicals and fundamentals may also help provide a roadmap to help separate the contenders from the pretenders. As we head into the second half of the year, it remains to be seen which way the market will lean. Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions.

Traders may be trying to figure out whether it is a good time to enter or exit a position in Envoy Group Corp (ENVV). Diving into some additional technical levels might help get a clearer picture.  The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. Currently, the 14-day ADX is 17.42. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Envoy Group Corp (ENVV) presently has a 14-day Commodity Channel Index (CCI) of -22.19. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI for Envoy Group Corp (ENVV) is currently at 43.14, the 7-day stands at 42.97, and the 3-day is sitting at 35.60.

Taking a peek at some Moving Averages, the 200-day is at 0.14, and the 50-day is 0.17. Dedicated investors may be looking to employ another tool for doing technical stock analysis. The Williams Percent Range or Williams %R is a technical indicator that was designed to measure overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R presently is at -64.29. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold.

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About 253,003 shares traded. Envoy Group Corp (OTCMKTS:ENVV) has 0.00% since September 28, 2016 and is . It has underperformed by 16.70% the S&P500.Envoy Group Corp. is a shell company. The company has market cap of $13.22 million. The Firm intends to develop a service to provide adult day care. It currently has negative earnings. The Firm offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free.

More notable recent Envoy Group Corp (OTCMKTS:ENVV) news were published by: Globenewswire.com which released: “Envoy Group Provides Update, Discusses Revenue Creation and Opportunities in …” on August 29, 2017, also Marketwatch.com with their article: “0.116” published on February 10, 2014, Globenewswire.com published: “Envoy Group Corp is pleased to introduce BitReturn” on June 19, 2017. More interesting news about Envoy Group Corp (OTCMKTS:ENVV) were released by: Globenewswire.com and their article: “Envoy Group Acquires Rights for Louis XIV Energy Drinks for Taiwan” published on January 27, 2016 as well as Globenewswire.com‘s news article titled: “Envoy Group Corp. Investor Update” with publication date: August 02, 2017.

The stock increased 1.16% or $0.002 on September 20, reaching $0.165. About 856,838 shares traded. Envoy Group Corp (OTCMKTS:ENVV) has 0.00% since September 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Envoy Group Corp. is a shell company. The company has market cap of $16.15 million. The Firm intends to develop a service to provide adult day care. It currently has negative earnings. The Firm offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free.

More notable recent Envoy Group Corp (OTCMKTS:ENVV) news were published by: Globenewswire.com which released: “Envoy Group Corp to Acquire Tryst” on November 20, 2015, also Globenewswire.com with their article: “Envoy Group Provides Update, Discusses Revenue Creation and Opportunities in …” published on August 29, 2017, Globenewswire.com published: “Envoy Group Corp: First Shipment of Louis XIV Energy Drink to the Caribbean” on May 03, 2016. More interesting news about Envoy Group Corp (OTCMKTS:ENVV) were released by: Globenewswire.com and their article: “Envoy Rolls Out Centralized Management of Crypto Mining” published on August 10, 2017 as well as Globenewswire.com‘s news article titled: “Envoy Group Corp is pleased to introduce BitReturn” with publication date: June 19, 2017.

Published by the Weekly Register, September 20, 2017. View article here.

Envoy Group Corp. is a shell company. The company has market cap of $15.67 million. The Firm intends to develop a service to provide adult day care. It currently has negative earnings. The Firm offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free..

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. Presently, Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R is resting at -61.38. Values can range from 0 to -100. A reading between -80 to -100 may be typically viewed as strong oversold territory. A value between 0 to -20 would represent a strong overbought condition. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend.

Investors may use multiple technical indicators to help spot trends and buy/sell signals. Presently, Envoy Group Corp (ENVV) has a 14-day Commodity Channel Index (CCI) of -3.34. The CCI was developed by Donald Lambert. The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals. The original guidelines focused on creating buy/sell signals when the reading moved above +100 or below -100. Traders may also use the reading to identify overbought/oversold conditions.

The Average Directional Index or ADX is a popular technical indicator designed to help measure trend strength. Many traders will use the ADX in combination with other indicators in order to help formulate trading strategies. Presently, the 14-day ADX for Envoy Group Corp (ENVV) is 15.55. In general, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The ADX alone was designed to measure trend strength. When combined with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI), it can help decipher the trend direction as well.

Taking a peek at some Moving Averages, the 200-day is at 0.14, the 50-day is 0.17, and the 7-day is sitting at 0.12. The moving average is a popular tool among technical stock analysts. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock.

Investors may be trying to decide if the current market environment remains bullish. It can be extremely difficult to decide when to sell, especially when data seems positive and most signs are pointing higher. Jumping in to buy stocks on a pullback may seem like a good idea, but following specific sectors may become increasingly more important. Following long-term trends may help the investor see the bigger picture of what has been going on with a specific stock or sector. Deciding to sell a winner after a big run can be tempting, but knowing the underlying causes for the run may help identify if there may indeed be more room for gains. Avoiding common investing pitfalls may take many years to master, but it may end up determining long-term success.

According to that release, “Cryptocurrency mining operations were launched during the months of June and July with significant success. Our BitReturn division’s mining operations, which are conducted 24/7, produced substantial revenues per machine that yielded gross profit in excess of 45% per machine after direct costs, which exceeded our initial projections. Also in June, Envoy Group secured new equipment financing for BitReturn with very favorable terms that will enable the firm to significantly expand its processor count for Cryptocurrency operations and accommodate rapid growth in revenue. We expect to have this loan retired during Q2, 2017.”

Envoy Group Corp (OTCMKTS:ENVV) bills itself as a company that, through a division (BitReturn), has first targeted a high positive cash flow method of Mining of Digital Currencies that has been de-risked by employing the most effective Graphic Processor (GPU) technology and BitReturn’s secure Tier3 (T3) facility in Kamloops, B.C. Hundreds of 7 to 13 GPU arrays will be working 24/7 within the climate controlled facility.

Mining of Digital Currencies will be constantly directed to which currencies provide maximized profitability. New digital coins drop into the world every 10 minutes and BitReturn will be there to catch them.

According to company materials, “Envoy Group, Corp. is a company with an extensive market reach and a strategy to identify, evaluate, and develop new business opportunities across North America, Europe and Asia.”

Find out when $ENVV stock reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

As noted above, ENVV shares were on a torrid run in May and June, and then crashed after getting hit the OTCmarkets.com skull and crossbones symbol, which represents trouble with either information transparency or roundly fraudulent activity, or more often, potential warnings signs of either of those conditions.

At this point, we believe the main reason for this flag was due to promotional activity in the stock.

That said, ENVV is quite adamant that things are still rolling along. In fact, in its release, the company notes that it expects excellent revenue growth during Q2, as the 500 Nvidia 7 GPUs start adding revenues to the company. “Our goal will be to add more mining rigs every quarter.”

The release continues to note that, “As a new business opportunity, Envoy and BitReturn have begun development of a plan to create turn-key Cryptocurrency mining operations, including real estate acquisition, design, installation and launch of operations, for investors who seek a low-risk entry to the growing Cryptocurrency market. Further announcements will be made as plans are crystallized… Due to the number of new projects, Envoy Group was forced to file an extension for our 10K filing.  We intend to file our 10K on or before, August 15th 2017.  We have encountered no accounting or auditing issues and recently developed a more streamlined system for reporting with our auditors that will enable us to make future filing dates.”

Finally, ENVV directly confronts the OTCmarkets.com judgment: “we expect a review of the “Caveat Emptor” that was placed by OTC Markets on the company the week of August 21st.  We are confident that this will be resolved.”

Traders will note share values of ENVV are roughly flat (+1%) over the past week of action, and even that meager bounce has taken root amid largely bearish action over the larger time frame of the crash that ensued following the “caveat emptor” signification on OTCmarkets.com. That said, ENVV is a stock whose past is littered with sudden rips. In addition, the listing has seen a jump in recent trading volume to the tune of just shy of 680% beyond what we have been seeing over the larger time frame.

This is particularly important due to the limited float size in the stock (not even 24M shares). Traders should not overlook this combination, as ramping trading activity can overwhelm available supply in a stock with this type of small float, leading to an upward burst in prices.

Earning a current market cap value of $21.87M, ENVV has virtually no cash on the books, which stands against virtually no total current liabilities. The company is pre-revenue at this point. You can bet we will update this one again as new information comes into view. For continuing coverage on shares of $ENVV stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $ENVV, either long or short, and we have not been compensated for this article.

The “Caveat Emptor” designation is typically assigned to a stock when there may be reason to exercise additional care and perform thorough due diligence before making an investment decision in that security. A review of Envoy Group Corp (OTCMKTS:ENVV) publicly available information reveals that care may indeed be warranted.

According to the OTC Markets website, Envoy Group Corp (OTCMKTS:ENVV) has over 92 million shares outstanding with a market cap of over $77 million. The float on the stock (the number of shares actually available for trading) was 23.7 million shares. The company last filed a form 10-Q with the U.S. Securities and Exchange Commission on July 11, 2017 for the period ending July 31, 2016. Interestingly, the company self-reported its industry sector as “Nursing and Personal Care Facilities”. Even more interesting is that a quick glance at the balance sheet reveals the company reporting assets, and revenues, of $0.00 – zero.

The website that visitors are directed to from the OTC Markets Company Profile page is that of BitReturn. BitReturn is presented to the public as a subsidiary of Envoy Group Corp (OTCMKTS:ENVV) dealing in bitcoin. No mention of nursing or healthcare is found on any website attributed to Envoy Group Corp.

It appears that Envoy Group Corp (OTCMKTS:ENVV) may have been capitalizing on the bitcoin frenzy as investors tried to search out low-cost stocks in an effort to leverage the growth of the burgeoning industry.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy. About the author: Marcus Anderson has a degree in economics and a MSc. in Finance. Marc worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

The “Caveat Emptor” designation is typically assigned to a stock when there may be reason to exercise additional care and perform thorough due diligence before making an investment decision in that security. A review of Envoy Group Corp (OTCMKTS:ENVV) publicly available information reveals that care may indeed be warranted.

According to the OTC Markets website, Envoy Group Corp (OTCMKTS:ENVV) has over 92 million shares outstanding with a market cap of over $77 million. The float on the stock (the number of shares actually available for trading) was 23.7 million shares. The company last filed a form 10-Q with the U.S. Securities and Exchange Commission on July 11, 2017 for the period ending July 31, 2016. Interestingly, the company self-reported its industry sector as “Nursing and Personal Care Facilities”. Even more interesting is that a quick glance at the balance sheet reveals the company reporting assets, and revenues, of $0.00 – zero.

The website that visitors are directed to from the OTC Markets Company Profile page is that of BitReturn. BitReturn is presented to the public as a subsidiary of Envoy Group Corp (OTCMKTS:ENVV) dealing in bitcoin. No mention of nursing or healthcare is found on any website attributed to Envoy Group Corp.

It appears that Envoy Group Corp (OTCMKTS:ENVV) may have been capitalizing on the bitcoin frenzy as investors tried to search out low-cost stocks in an effort to leverage the growth of the burgeoning industry.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $ENVV and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Marc worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

“This initial entry into currency mining operations marks a strategic milestone for Envoy. The technical expertise of our team complements our corporate finance and strategic planning team,” commented Harp Sangha, CEO of Envoy. “We expect this enterprise will produce positive cash flow early in its rollout that will facilitate our expansion into Phase 2 of the program which will rapidly build revenues and margin.”

Envoy Group Corp (OTCMKTS:ENVV) bills itself as a company that, through a division (BitReturn), has first targeted a high positive cash flow method of Mining of Digital Currencies that has been de-risked by employing the most effective Graphic Processor (GPU) technology and BitReturn’s secure Tier3 (T3) facility in Kamloops, B.C. Hundreds of 7 to 13 GPU arrays will be working 24/7 within the climate controlled facility.

According to company materials, “Envoy Group, Corp. is a company with an extensive market reach and a strategy to identify, evaluate, and develop new business opportunities across North America, Europe and Asia.”

Find out when $ENVV stock reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

BitReturn, located in British Columbia, Canada, is an advanced technology company with a focus on developing powerful Blockchain applications to streamline and transform existing industries. The BitReturn team has more than 20 years of experience in pioneering business applications development, most recently with its build of a robust and secure platform for Bignition which was sold to AutoTrader.ca.

Mining of Digital Currencies will be constantly directed to which currencies provide maximized profitability. New digital coins drop into the world every 10 minutes and BitReturn will be there to catch them.

Envoy Group Corp (OTCMKTS:ENVV) is up 12% today and seems totally married to the future of bitcoin. If management does not flood the market with shares, the company could bring some value to this sector. That said, there is still risk because these blockchain applications still need to take off. ENVV is carrying a $53.95M market cap with 83M shares outstanding. We will be watching carefully for its next step. For continuing coverage on shares of $ENVV stock, as well as our other breakout stock picks, sign up for our free newsletter today and get our next hot stock pick!

Disclosure: we hold no position in $ENVV, either long or short, and we have not been compensated for this article.

By Jermaine Farmer – July 11, 2017  – Envoy Group Corp (OTCMKTS:ENVV) is a penny player that has seriously grabbed hold of the attention of traders during the stock’s recent bounce. The stock has been on fire, ripping over 900% in just the past month. The company’s most recent catalyst was its announcement of the receipt of its first large block of cryptocurrency mining hardware at their BitReturn Tier 3 Datacenter in British Columbia. The move will situation this company as potentially a key player in the blockchain space.

According to the release, in addition to the cryptocurrency mining computers presently operating at the Datacenter, “this new shipment will allow BitReturn to install 500 additional graphic processor units (GPUs) into the secure operating installation. These advanced GPU cards, produced by NVIDIA, are of the highest quality for currency mining and other applications, and will accommodate the optimized algorithms that our technicians will employ for mining rates far beyond any standard performance.

”Envoy Group Corp (OTCMKTS:ENVV) bills itself as a company that, through a division (BitReturn), has first targeted a high positive cash flow method of Mining of Digital Currencies that has been de-risked by employing the most effective Graphic Processor (GPU) technology and BitReturn’s secure Tier3 (T3) facility in Kamloops, B.C. Hundreds of 7 to 13 GPU arrays will be working 24/7 within the climate controlled facility.

Mining of Digital Currencies will be constantly directed to which currencies provide maximized profitability. New digital coins drop into the world every 10 minutes and BitReturn will be there to catch them.

According to company materials, “Envoy Group, Corp. is a company with an extensive market reach and a strategy to identify, evaluate, and develop new business opportunities across North America, Europe and Asia.”

Find out when $ENVV stock reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your at the bottom of this page.

As noted above, the company just announced the receipt of its first large block of cryptocurrency mining hardware at their BitReturn Tier 3 Datacenter in British Columbia. As the reader might imagine, this sets the company up to compete in what has perhaps become the defining small and microcap phenomenon of the year. The blockchain plays have been something like the pot plays in 2016.

In any case, management was obviously fired up: “We see tremendous growth for the adaptation and use of Blockchain applications. Blockchains were originally developed to underpin digital currencies, like Bitcoin, and are rapidly gaining the interest of large players in banking, financial services and other high volume transactional businesses,” stated Matt deFouw, Company President.

CEO Harp Sangha stated, “The Envoy management team has conducted exhaustive research into this burgeoning field, and is convinced of the major growth opportunities in digital currencies as well as the rapid development of new applications and markets for Blockchain technology. The Blockchain format is set to redefine business and the internet. Envoy Group will be well positioned at the core of this revolution.”

So far, the market would seem to agree. The chart shows nearly 1200% piled on for shareholders of the stock during the trailing month, a rally that has pushed up against longer standing distributive pressure in the stock. The situation may be worth watching. ENVV has a track record that includes a number of dramatic bounces. In addition, the name has seen interest climb, with an increase in recent trading volume of just shy of 490% above the average volume levels in play in this stock over the longer term.

This is particularly important given the stock’s tight trading float of 30M shares. Traders should not overlook this combination, as with such a tight trading float, this kind of ramping interest can force a supply-shock squeeze.

Now commanding a market cap of $37.9M, ENVV has virtually no cash on the books, which stands against about $52k in total current liabilities. The company is pre-revenue at this point. This may be a very interesting story and we will look forward to updating it again soon. For continuing coverage on shares of $ENVV stock, as well as our other breakout stock picks, sign up for our free newsletter today and get our next hot stock pick!

Disclosure: we hold no position in $ENVV, either long or short, and we have not been compensated for this article.

Published by the Oracle Dispatch, July 11, 2017. View article here.

Technical traders may also be interested in looking at the indicator levels on shares of Envoy Group Corp (ENVV). The 14-day ADX for is currently 17.42. In general, an ADX value from 0-25 would signal an absent or weak trend. A level of 25-50 would indicate a strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would indicate an extremely strong trend. The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points.

Envoy Group Corp (ENVV) presently has a 14-day Commodity Channel Index (CCI) of -22.19. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI is currently at 43.14, the 7-day stands at 42.97, and the 3-day is sitting at 35.60.

Taking a peek at some Moving Averages, the 200-day is at 0.14, and the 50-day is 0.17. Dedicated investors may be looking to employ another tool for doing technical stock analysis. The Williams Percent Range or Williams %R is a technical indicator that was designed to measure overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. Envoy Group Corp (ENVV)’s Williams Percent Range or 14 day Williams %R presently is at -64.29. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Departure of Director
On June 9, 2017, Craig Alford resigned as Director of Envoy Group Corp. (the “Company”). Mr. Alford had no disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

About ENVOY GROUP CORP. (OTCMKTS:ENVV) 
Envoy Group Corp. is a shell company. The Company intends to develop a service to provide adult day care. The Company offers Louis XIV Energy drinks, including Louis XIV Energy, Louis XIV 24 Carat Gold Flakes, Louis XIV Glow and Louis XIV Sugar Free. The Company intends to acquire Picante Gaming N.V. (Picante), a developer of business-to-business software for real time, streaming gaming technology. Picante holds over 40 licenses around the world. The Company intends to restructure its business plan and enter the consumer products market. The Company has not generated any revenues from its operations.