We assign a technical rating of 0 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 technical rating of ENSC 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.
More info and screens
1.10
When analyzing the resistance we notice 3 important areas.
- Resistance @1.18 from a horizontal line in the daily time frame.
- Resistance @2.14 from a trend line in the daily time frame.
- Resistance @2.55 from a horizontal line 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 | 2.13 | NEGATIVE | ENSC has a low relative strength, it was outperformed by 97.87% 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) | 26.59 | OVERSOLD | The low RSI value suggests ENSC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENSC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.27 | OVERSOLD | The low Stochastics value suggests ENSC may be oversold. |
| Average True Range in percent/ATR (20) | 11.9 | HIGH VOLATILITY | The high ATR as a percentage value for ENSC suggests high volalility. |
| Average Directional Index/ADX (14) | 47 | POSITIVE | The high ADX value value for ENSC suggests a strong trend. |
1.11
-0.01 (-0.89%)
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.
Can you provide the trend direction for ENSYSCE BIOSCIENCES INC?
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 26.5928. This indicates that the stock is currently oversold.
What is the short term momentum for ENSC stock?
The short term momentum for ENSYSCE BIOSCIENCES INC (ENSC) is negative.
What is the buy/sell signal for ENSYSCE BIOSCIENCES INC (ENSC) stock?
The buy/sell signal for ENSYSCE BIOSCIENCES INC (ENSC) is sell as both the short term and long term trends are negative.