Taking everything into account, ENTA scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although ENTA has an excellent technical rating, it does not present a decent entry opportunity 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
8.69
When analyzing the support we can see 4 important areas.
- Support @9.69 from a trend line in the weekly time frame.
- Support @9.37 from a trend line in the weekly time frame.
- Support @9.10 from a trend line in the daily time frame.
- Support @8.78 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 | UP | POSITIVE | The long term trend for ENTA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENTA is down. |
| ChartMill Relative Strength | 96.29 | POSITIVE | ENTA has a high relative strength, it outperformed 96.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENTA is below 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) | 39.29 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests ENTA has a negative trend. |
| Stochastics (14,3) | 6.55 | OVERSOLD | The low Stochastics value suggests ENTA may be oversold. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.89 | POSITIVE | The high ADX value value for ENTA suggests a strong trend. |
13.11
-0.33 (-2.46%)
ENANTA PHARMACEUTICALS INC / ENTA FAQ
What is the technical rating for ENTA stock?
ChartMill assigns a technical rating of 8 / 10 to ENTA.
Can you provide the trend direction for ENANTA PHARMACEUTICALS INC?
The current trend direction for ENANTA PHARMACEUTICALS INC (ENTA) is Bullish.
Can you provide the RSI signal for ENANTA PHARMACEUTICALS INC?
ENANTA PHARMACEUTICALS INC (ENTA) has an RSI value of 39.2911. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENANTA PHARMACEUTICALS INC?
The buy/sell signal for ENANTA PHARMACEUTICALS INC (ENTA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for ENANTA PHARMACEUTICALS INC?
ENANTA PHARMACEUTICALS INC (ENTA) has a support level at 9.69. Check the full technical report for our detailed analysis of ENTA support and resistance levels.