ENANTA PHARMACEUTICALS INC (ENTA) Technical Analysis
NASDAQ:ENTA • US29251M1062
Current stock price
ENTA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ENTA. In the last year, ENTA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, ENTA did better than 93% of all other stocks. On top of that, ENTA also shows a nice and consistent pattern of rising prices.
- ENTA is part of the Biotechnology industry. There are 516 other stocks in this industry. ENTA outperforms 79% 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.
- In the last month ENTA has a been trading in the 11.75 - 14.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENTA Weekly and Daily overview Charts
ENTA Setup Rating and Analysis
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
ENTA Support and Resistance Analysis
11.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.85 to 12.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.07 to 12.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.62 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.34 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.26 to 14.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.64 from a horizontal line in the daily time frame.
ENTA Technical Indicator Signal Analysis
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 | 93.16 | POSITIVE | ENTA has a high relative strength, it outperformed 93.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENTA is below a declining 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) | 46.83 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ENTA has a negative trend. |
| Stochastics (14,3) | 34.16 | NEUTRAL | The Stochastics value for ENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for ENTA suggests a weak or negative trend. |
ENTA Chart- and CandleStick Pattern Analysis
ENTA Technicals: Chart, Performance Metrics, Trend & Indicators
13.31
-0.04 (-0.3%)
ENANTA PHARMACEUTICALS INC / ENTA TA FAQ
What is the technical rating for ENTA stock?
ChartMill assigns a technical rating of 7 / 10 to ENTA.
What is the current trend direction of ENANTA PHARMACEUTICALS INC (ENTA) stock?
The current trend direction for ENANTA PHARMACEUTICALS INC (ENTA) is Bullish.
What is the RSI signal for ENTA stock?
ENANTA PHARMACEUTICALS INC (ENTA) has an RSI value of 46.8311. This indicates that the stock is currently neutral.
What is the short term momentum for ENANTA PHARMACEUTICALS INC (ENTA) stock?
The short term momentum for ENANTA PHARMACEUTICALS INC (ENTA) is neutral.