ENANTA PHARMACEUTICALS INC (ENTA) Stock Technical Analysis
NASDAQ:ENTA - US29251M1062 - Common Stock
8.53 USD
-0.12 (-1.39%)
8.53 USD
0 (0%)
We assign a technical rating of 8 out of 10 to ENTA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENTA is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month ENTA has a been trading in the 6.45 - 9.09 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ENTA outperforms 50% of them, which is more or less in line with the market.
ENTA is part of the Biotechnology industry. There are 547 other stocks in this industry, ENTA did better than 61% of them.
ENTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENTA is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although ENTA has an excellent technical rating, the quality of the presented setup is not ideal 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
6.49
9.03
We found 3 important support areas.
- A support zone ranging from 8.44 to 8.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.81 from a trend line in the daily time frame.
- Support @6.56 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.84 to 8.94. 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 | 50.39 | NEUTRAL | ENTA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ENTA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.41 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ENTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.94 | OVERBOUGHT | The high Stochastics value suggests ENTA may be overbought. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.53 | 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)
8.53
-0.12 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.39%
1 Week-3.29%
2 Weeks12.53%
1 Month12.09%
3 Month43.84%
6 Month9.64%
12 Month-33.77%
2 Year-42.56%
3 Year-85.99%
5 Year-83.66%
10 Year-78.15%
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%5.62%
ATR Inc-59.95%
Range Today0.23
ADR(20)0.48
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.39
Mansfield0.22
10 Day High9.09
10 Day Low7.31
20 Day High9.09
20 Day Low6.45
52 Week High13.37
52 Week Low4.09
CS1 End8.52
CR1 Start8.84
Volume & EV
DER(3)-1.89%
DER(5)-0.75%
Volume54.90K
Volume Incr-42.72%
Vol(5)98.14K
Vol(50)162.82K