ENTERO THERAPEUTICS INC (ENTO) Stock Technical Analysis
NASDAQ:ENTO - Nasdaq - US33749P4081 - Common Stock - Currency: USD
Overall ENTO gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ENTO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ENTO is a bad performer in the overall market: 94% of all stocks are doing better.
ENTO is one of the lesser performing stocks in the Biotechnology industry. 66% of 559 stocks in the same industry do better.
ENTO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENTO is lagging the market.
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.
ENTO has an average volume of 1934000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ENTO has a been trading in the 0.35 - 0.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ENTO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.35
0.62
We found 3 important support areas.
- Support @0.41 from a trend line in the daily time frame.
- Support @0.38 from a trend line in the weekly time frame.
- Support @0.35 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.52 from a horizontal line in the weekly time frame.
- Resistance @0.58 from a trend line in the daily time frame.
- Resistance @0.61 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ENTO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENTO is up. |
| ChartMill Relative Strength | 6.91 | NEGATIVE | ENTO has a low relative strength, it was outperformed by 93.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ENTO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.4 | NEUTRAL | The RSI value for ENTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.64 | NEUTRAL | The Stochastics value for ENTO is a neutral value. |
| Average True Range in percent/ATR (20) | 17.35 | HIGH VOLATILITY | The high ATR as a percentage value for ENTO suggests high volalility. |
| Average Directional Index/ADX (14) | 48.17 | POSITIVE | The high ADX value value for ENTO 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)
0.4903
-0.06 (-10.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-10.85%
1 Week-5.71%
2 Weeks13.1%
1 Month14.02%
3 Month1.72%
6 Month-16.03%
12 Month-76.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%17.35%
ATR Inc27.46%
Range Today0.06
ADR(20)0.08
ADR(20)%16.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.91
Mansfield-1.84
10 Day High0.69
10 Day Low0.4
20 Day High0.69
20 Day Low0.35
52 Week High2.29
52 Week Low0.19
CS1 End0.41
CR1 Start0.52
Volume & EV
DER(3)-5.86%
DER(5)-1.24%
Volume243.20K
Volume Incr-71.56%
Vol(5)905.04K
Vol(50)1.93M