ENANTA PHARMACEUTICALS INC (ENTA) Technical Analysis
NASDAQ:ENTA • US29251M1062
Current stock price
ENTA Technical Rating and Analysis
Overall ENTA gets a technical rating of 3 out of 10. ENTA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month ENTA has a been trading in the 12.44 - 15.68 range, which is quite wide. It is currently trading near the lows of this range.
- ENTA is part of the Biotechnology industry. There are 519 other stocks in this industry. ENTA outperforms 76% of them.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that ENTA is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ENTA is currently trading in the middle 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 slightly.
ENTA Weekly and Daily overview Charts
ENTA Setup Rating and Analysis
Although the technical rating is bad, ENTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.50, a Stop Loss order could be placed below this zone.
More info and screens
ENTA Support and Resistance Analysis
10.99
2 important support areas can be observed.
- A support zone ranging from 12.50 to 12.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.10 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.13 to 13.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.18 to 14.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.99 from a trend 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 | DOWN | NEGATIVE | The short term trend for ENTA is down. |
| ChartMill Relative Strength | 92.2 | POSITIVE | ENTA has a high relative strength, it outperformed 92.2% 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) | 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) | 41.52 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ENTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.3 | OVERSOLD | The low Stochastics value suggests ENTA may be oversold. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.3 | 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
12.65
+0.14 (+1.12%)
ENANTA PHARMACEUTICALS INC / ENTA TA FAQ
What is the technical rating for ENTA stock?
ChartMill assigns a technical rating of 3 / 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 41.5174. 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 12.5 and a resistance level at 13.13. Check the full technical report for our detailed analysis of ENTA support and resistance levels.