Overall ENTA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENTA is showing a nice and steady performance.
ENTA has an excellent technical rating, but the quality of the setup is only medium 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.
8.57
We found 4 important support areas.
We found 1 important resistance area.
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 | 97.77 | POSITIVE | ENTA has a high relative strength, it outperformed 97.77% 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) | 68 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.34 | OVERBOUGHT | The high Stochastics value suggests ENTA may be overbought. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 56.47 | POSITIVE | The high ADX value value for ENTA suggests a strong trend. |
14.87
+0.14 (+0.95%)
ChartMill assigns a technical rating of 10 / 10 to ENTA.
The current trend direction for ENANTA PHARMACEUTICALS INC (ENTA) is Bullish.
ENANTA PHARMACEUTICALS INC (ENTA) has an RSI value of 67.9963. This indicates that the stock is currently neutral.
The MACD indicator for ENANTA PHARMACEUTICALS INC (ENTA) has a value of -0.00994541, indicating a bearish trend.
The short term momentum for ENANTA PHARMACEUTICALS INC (ENTA) is positive.