ENANTA PHARMACEUTICALS INC (ENTA) Stock Technical Analysis
NASDAQ:ENTA - Nasdaq - US29251M1062 - Common Stock - Currency: USD
Taking everything into account, ENTA scores 6 out of 10 in our technical rating. In the last year, ENTA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
85% of all other stocks performed better in the past year than ENTA.
ENTA is currently trading in the lower part 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ENTA has a been trading in the 5.03 - 7.65 range, which is quite wide. It is currently trading near the high of this range.
ENTA is part of the Biotechnology industry. There are 558 other stocks in this industry, ENTA did better than 52% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ENTA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.40
7.94
We found 1 important resistance area.
- Resistance @7.86 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ENTA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENTA is up. |
| ChartMill Relative Strength | 15.77 | NEGATIVE | ENTA has a low relative strength, it was outperformed by 84.23% 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) | DOWN | NEGATIVE | The current price of ENTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.46 | OVERBOUGHT | The high RSI value suggests ENTA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ENTA has a positive trend. |
| Stochastics (14,3) | 89.76 | OVERBOUGHT | The high Stochastics value suggests ENTA may be overbought. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for ENTA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for ENTA suggests a strong 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)
7.47
+0.26 (+3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.61%
1 Week25.97%
2 Weeks29.91%
1 Month40.41%
3 Month3.46%
6 Month-6.62%
12 Month-42.14%
2 Year-65.09%
3 Year-84.2%
5 Year-85.12%
10 Year-83.4%
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%4.96%
ATR Inc-5.82%
Range Today0.35
ADR(20)0.36
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.77
Mansfield-2.1
10 Day High7.65
10 Day Low5.55
20 Day High7.65
20 Day Low5.03
52 Week High17.24
52 Week Low4.09
CS1 EndN/A
CR1 Start7.22
Volume & EV
DER(3)-3.3%
DER(5)0.64%
Volume118.80K
Volume Incr38.6%
Vol(5)165.18K
Vol(50)184.23K