Taking everything into account, ENSC scores 0 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than ENSC.
- ENSC is one of the lesser performing stocks in the Biotechnology industry. 89% of 525 stocks in the same industry do better.
- ENSC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ENSC has a been trading in the 0.76 - 1.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ENSC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.84
We found 1 important resistance area.
- A resistance zone ranging from 0.94 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for ENSC is down. |
| ChartMill Relative Strength | 1.29 | NEGATIVE | ENSC has a low relative strength, it was outperformed by 98.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENSC is below a declining 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) | 33.49 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 29.57 | NEUTRAL | The Stochastics value for ENSC is a neutral value. |
| Average True Range in percent/ATR (20) | 11.55 | HIGH VOLATILITY | The high ATR as a percentage value for ENSC suggests high volalility. |
| Average Directional Index/ADX (14) | 47.46 | POSITIVE | The high ADX value value for ENSC suggests a strong trend. |
0.8469
-0.04 (-4.31%)
ENSYSCE BIOSCIENCES INC / ENSC FAQ
Can you provide the ChartMill technical rating for ENSYSCE BIOSCIENCES INC?
ChartMill assigns a technical rating of 0 / 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 33.4883. 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 negative.
Can you provide the buy/sell signal for ENSYSCE BIOSCIENCES INC?
The buy/sell signal for ENSYSCE BIOSCIENCES INC (ENSC) is sell as both the short term and long term trends are negative.