ENTERO THERAPEUTICS INC (ENTO) Stock Technical Analysis
NASDAQ:ENTO - Nasdaq - US33749P4081 - Common Stock - Currency: USD
Taking everything into account, ENTO scores 3 out of 10 in our technical rating. ENTO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
89% of all other stocks performed better in the past year than ENTO.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ENTO has an average volume of 1995270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ENTO is part of the Biotechnology industry. There are 560 other stocks in this industry, ENTO did better than 42% of them.
ENTO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENTO is lagging the market.
In the last month ENTO has a been trading in the 0.36 - 0.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ENTO is bad and it also does not present a quality setup 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
0.38
0.62
2 important support areas can be observed.
- Support @0.39 from a trend line in the daily time frame.
- Support @0.38 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @0.50 from a trend line in the weekly time frame.
- Resistance @0.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.57 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 | NEUTRAL | NEUTRAL | The short term trend for ENTO is neutral. |
| ChartMill Relative Strength | 11.39 | NEGATIVE | ENTO has a low relative strength, it was outperformed by 88.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENTO is above a declining 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) | 53.78 | 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. |
| Stochastics (14,3) | 70.62 | NEUTRAL | The Stochastics value for ENTO is a neutral value. |
| Average True Range in percent/ATR (20) | 14.46 | HIGH VOLATILITY | The high ATR as a percentage value for ENTO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.76 | 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)
0.49
+0 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.62%
1 Week21.65%
2 Weeks12.64%
1 Month-14.1%
3 Month25.67%
6 Month-16.94%
12 Month-55.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%14.46%
ATR Inc5.03%
Range Today0.04
ADR(20)0.07
ADR(20)%13.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.39
Mansfield-1.09
10 Day High0.57
10 Day Low0.36
20 Day High0.69
20 Day Low0.36
52 Week High1.11
52 Week Low0.19
CS1 End0.39
CR1 Start0.5
Volume & EV
DER(3)-2.89%
DER(5)5.21%
Volume284.40K
Volume Incr888.31%
Vol(5)5.17M
Vol(50)2.00M