ENANTA PHARMACEUTICALS INC (ENTA) Stock Technical Analysis
NASDAQ:ENTA - Nasdaq - US29251M1062 - Common Stock - Currency: USD
Overall ENTA gets a technical rating of 5 out of 10. ENTA was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, ENTA is a bad performer in the overall market: 85% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ENTA is an average performer in the Biotechnology industry, it outperforms 50% of 553 stocks in the same industry.
ENTA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENTA is lagging the market slightly.
In the last month ENTA has a been trading in the 6.43 - 8.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENTA has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.48
8.19
2 important support areas can be observed.
- A support zone ranging from 6.95 to 6.99. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 6.55 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.12 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.90 to 8.11. 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 | 15.21 | NEGATIVE | ENTA has a low relative strength, it was outperformed by 84.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENTA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.77 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ENTA has a negative trend. |
| Stochastics (14,3) | 53.24 | NEUTRAL | The Stochastics value for ENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.7 | NEUTRAL | The ADX value for ENTA suggests a possible start of a new trend. |
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)
7.11
-0.47 (-6.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.2%
1 Week-3.92%
2 Weeks-5.7%
1 Month-9.89%
3 Month19.5%
6 Month39.14%
12 Month-48.85%
2 Year-52.12%
3 Year-88.32%
5 Year-86.38%
10 Year-81.79%
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%7.08%
ATR Inc-25.03%
Range Today0.55
ADR(20)0.49
ADR(20)%6.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.21
Mansfield-1.66
10 Day High8.31
10 Day Low7.1
20 Day High8.31
20 Day Low6.44
52 Week High13.5
52 Week Low4.09
CS1 End6.99
CR1 Start7.12
Volume & EV
DER(3)-5.31%
DER(5)-2.95%
Volume195.50K
Volume Incr22.56%
Vol(5)214.22K
Vol(50)173.34K