We assign a technical rating of 9 out of 10 to ENTA. 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.
ENTA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.14, a Stop Loss order could be placed below this zone.
More info and screens
8.70
We found 3 important support areas.
- A support zone ranging from 12.05 to 12.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.32 to 11.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.74 to 12.83. 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 | UP | POSITIVE | The short term trend for ENTA is up. |
| ChartMill Relative Strength | 92.91 | POSITIVE | ENTA has a high relative strength, it outperformed 92.91% 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) | 64.66 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ENTA has a positive trend. |
| Stochastics (14,3) | 63.36 | NEUTRAL | The Stochastics value for ENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.17 | POSITIVE | The high ADX value value for ENTA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.84 | 12.04 | 0.80 (6.23%) | 16.05% |
| An entry @12.84. This is a Buy Stop order right above the resistance zone. | An exit @12.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.80 points, which is 6.23%. | When investing 16.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ENTA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.73
+0.6 (+4.95%)
ENANTA PHARMACEUTICALS INC / ENTA FAQ
What is the technical rating for ENTA stock?
ChartMill assigns a technical rating of 9 / 10 to ENTA.
What is the trend direction for ENTA stock?
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 64.6576. This indicates that the stock is currently neutral.
What is the MACD signal for ENTA stock?
The MACD indicator for ENANTA PHARMACEUTICALS INC (ENTA) has a value of 0.0758387, indicating a bearish trend.
What is the short term momentum for ENANTA PHARMACEUTICALS INC (ENTA) stock?
The short term momentum for ENANTA PHARMACEUTICALS INC (ENTA) is positive.