ENANTA PHARMACEUTICALS INC (ENTA) Stock Technical Analysis
NASDAQ:ENTA - Nasdaq - US29251M1062 - Common Stock - Currency: USD
Taking everything into account, ENTA scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ENTA was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, ENTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.72, a Stop Loss order could be placed below this zone.
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6.79
When analyzing the support we notice one important area.
- A support zone ranging from 6.86 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.66 to 7.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.90 to 8.03. 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 | 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 | 19.43 | NEGATIVE | ENTA has a low relative strength, it was outperformed by 80.57% 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 | MIXED | The current price of ENTA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENTA has a positive trend. |
| Stochastics (14,3) | 72.81 | NEUTRAL | The Stochastics value for ENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.26 | POSITIVE | The high ADX value value for ENTA suggests a strong trend. |
NASDAQ:ENTA (7/24/2025, 1:12:31 PM)
7.5
-0.23 (-2.98%)