ENSYSCE BIOSCIENCES INC (ENSC) Technical Analysis
NASDAQ:ENSC • US2936025046
Current stock price
0.5841 USD
+0.01 (+1.58%)
At close:
0.5827 USD
0 (-0.24%)
After Hours:
ENSC Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ENSC. ENSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 98% of all other stocks performed better in the past year than ENSC.
- ENSC is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 87% are performing better than ENSC.
- ENSC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ENSC is lagging the market.
- 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.
- ENSC has an average volume of 7397800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ENSC has a been trading in the 0.35 - 0.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENSC Weekly and Daily overview Charts
ENSC Setup Rating and Analysis
ENSC has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
ENSC Support and Resistance Analysis
0.42
0.65
When analyzing the support we notice one important area.
- Support @0.42 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ENSC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ENSC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENSC is neutral. |
| ChartMill Relative Strength | 2.4 | NEGATIVE | ENSC has a low relative strength, it was outperformed by 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for ENSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENSC has a positive trend. |
| Stochastics (14,3) | 47.45 | NEUTRAL | The Stochastics value for ENSC is a neutral value. |
| Average True Range in percent/ATR (20) | 16.54 | HIGH VOLATILITY | The high ATR as a percentage value for ENSC suggests high volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for ENSC suggests a strong trend. |
ENSC Chart- and CandleStick Pattern Analysis
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)
ENSC Technicals: Chart, Performance Metrics, Trend & Indicators
0.5841
+0.01 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.58%
1 Week32.49%
2 Weeks6.7%
1 Month43.57%
3 Month-50.43%
6 Month-73%
12 Month-83.33%
2 Year-95.15%
3 Year-99.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%16.54%
ATR Inc55.01%
Range Today0.07
ADR(20)0.08
ADR(20)%13.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.4
3 months CRS4.07
6 months CRS3.75
Mansfield-6.96
10 Day High0.65
10 Day Low0.4
20 Day High0.77
20 Day Low0.35
52 Week High4.85
52 Week Low0.31
CS1 End0.42
CR1 Start0.63
Volume & EV
DER(3)-2.44%
DER(5)-3.96%
Volume583.55K
Volume Incr-88.35%
Vol(5)2.02M
Vol(50)7.40M
ENSYSCE BIOSCIENCES INC / ENSC TA FAQ
Can you provide the ChartMill technical rating for ENSYSCE BIOSCIENCES INC?
ChartMill assigns a technical rating of 1 / 10 to ENSC.
What is the trend direction for ENSC stock?
The current trend direction for ENSYSCE BIOSCIENCES INC (ENSC) is Bearish.
Can you provide the RSI signal for ENSYSCE BIOSCIENCES INC?
ENSYSCE BIOSCIENCES INC (ENSC) has an RSI value of 53.2389. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENSYSCE BIOSCIENCES INC?
The short term momentum for ENSYSCE BIOSCIENCES INC (ENSC) is neutral.