Overall ENTA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ENTA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that ENTA is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, ENTA also shows a nice and consistent pattern of rising prices.
- ENTA is part of the Biotechnology industry. There are 523 other stocks in this industry. ENTA outperforms 81% of them.
- ENTA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENTA is lagging the market slightly.
- In the last month ENTA has a been trading in the 12.09 - 15.55 range, which is quite wide. It is currently trading near the high of this range.
Although ENTA has an excellent technical rating, it does not offer a high 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
9.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 13.03 to 13.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.48 to 12.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.33 from a trend line in the weekly time frame.
- Support @9.24 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.14 to 14.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ENTA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENTA is neutral. |
| ChartMill Relative Strength | 93.53 | POSITIVE | ENTA has a high relative strength, it outperformed 93.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.69 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ENTA has a positive trend. |
| Stochastics (14,3) | 75.72 | NEUTRAL | The Stochastics value for ENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.07 | NEGATIVE | The low ADX value for ENTA suggests a weak or negative trend. |
14.13
+0.3 (+2.17%)
ENANTA PHARMACEUTICALS INC / ENTA FAQ
What is the technical rating for ENTA stock?
ChartMill assigns a technical rating of 9 / 10 to ENTA.
Can you provide the trend direction for ENANTA PHARMACEUTICALS INC?
The current trend direction for ENANTA PHARMACEUTICALS INC (ENTA) is Bullish.
Can you provide the RSI signal for ENANTA PHARMACEUTICALS INC?
ENANTA PHARMACEUTICALS INC (ENTA) has an RSI value of 57.6911. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ENANTA PHARMACEUTICALS INC?
ENANTA PHARMACEUTICALS INC (ENTA) has a support level at 13.31 and a resistance level at 14.14. Check the full technical report for our detailed analysis of ENTA support and resistance levels.