ENOCHIAN BIOSCIENCES INC (ENOB)

US29350E1047 - Common Stock

0.7  0 (0%)

After market: 0.7 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, ENOB scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ENOB was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, ENOB is a bad performer in the overall market: 97% of all stocks are doing better.
ENOB is part of the Biotechnology industry. There are 592 other stocks in this industry, of which 85% are performing better than ENOB.
ENOB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ENOB has a been trading in the 0.46 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ENOB Weekly chart
ENOB Daily chart
Setup Rating and Analysis

3

The technical rating of ENOB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.69

1.32

We can see 4 important resistance areas.

  • A resistance zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.80 from a trend line in the daily time frame.
  • Resistance @0.94 from a trend line in the daily time frame.
  • Resistance @1.31 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.23
Mansfield-5.32
10 Day High0.76
10 Day Low0.5
20 Day High0.76
20 Day Low0.46
52 Week High2.99
52 Week Low0.39
Performance
1 Week22.68%
2 Weeks29.51%
1 Month47.99%
3 Month-44%
6 Month-36.36%
12 Month-75.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)59.96
LBB0.51
UBB0.71
ENOB Daily chart

ENOCHIAN BIOSCIENCES INC

NASDAQ:ENOB (8/4/2023, 7:00:53 PM)

After market: 0.7 0 (0%)

0.7

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week22.68%
2 Weeks29.51%
1 Month47.99%
3 Month-44%
6 Month-36.36%
12 Month-75.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%9.73%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.76
10 Day Low0.5
20 Day High0.76
20 Day Low0.46
52 Week High2.99
52 Week Low0.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume88.30K
Volume Incr-71.32%
Vol(5)138.88K
Vol(50)305.57K