ENANTA PHARMACEUTICALS INC (ENTA) Stock Technical Analysis
NASDAQ:ENTA - Nasdaq - US29251M1062 - Common Stock - Currency: USD
Overall ENTA gets a technical rating of 6 out of 10. 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.
When comparing the yearly performance of all stocks, ENTA is a bad performer in the overall market: 75% of all stocks are doing better.
ENTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
ENTA is an average performer in the Biotechnology industry, it outperforms 62% of 558 stocks in the same industry.
In the last month ENTA has a been trading in the 5.87 - 8.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENTA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.97
8.04
We found 1 important support area.
- Support @7.04 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.52 to 7.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.87 to 7.96. This zone is formed by a combination of multiple trend lines 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 | 25.83 | NEGATIVE | ENTA has a low relative strength, it was outperformed by 74.17% 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) | 62.92 | NEUTRAL | The RSI value for ENTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ENTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.79 | NEUTRAL | The Stochastics value for ENTA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.46 | HIGH VOLATILITY | The high ATR as a percentage value for ENTA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.48 | 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)
7.51
+0.06 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.81%
1 Week3.87%
2 Weeks-5.53%
1 Month27.94%
3 Month31.52%
6 Month24.96%
12 Month-42.1%
2 Year-64.91%
3 Year-84.11%
5 Year-85.04%
10 Year-83.31%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%6.46%
ATR Inc-21.53%
Range Today0.3
ADR(20)0.48
ADR(20)%6.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.83
Mansfield-1.9
10 Day High8.03
10 Day Low6.87
20 Day High8.47
20 Day Low5.87
52 Week High17.24
52 Week Low4.09
CS1 End7.04
CR1 Start7.52
Volume & EV
DER(3)-12.53%
DER(5)-8.41%
Volume79.00K
Volume Incr-22.71%
Vol(5)132.80K
Vol(50)164.29K