ENTERO THERAPEUTICS INC (ENTO) Technical Analysis
NASDAQ:ENTO • US33749P5070
Current stock price
ENTO Technical Rating and Analysis
Overall ENTO gets a technical rating of 4 out of 10. Although ENTO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, ENTO did better than 95% of all other stocks.
- ENTO is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 517 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ENTO 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 ENTO is lagging the market slightly.
- In the last month ENTO has a been trading in the 2.40 - 4.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ENTO Weekly and Daily overview Charts
ENTO Setup Rating and Analysis
ENTO has an average technical rating and also the quality of the setup is only medium 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
ENTO Support and Resistance Analysis
1.07
3 important support areas can be observed.
- A support zone ranging from 2.59 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.51 from a trend line in the daily time frame.
- Support @1.08 from a horizontal line in the weekly time frame.
ENTO 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 | 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 | 95.32 | POSITIVE | ENTO has a high relative strength, it outperformed 95.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.55 | NEUTRAL | The RSI value for ENTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ENTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.91 | NEUTRAL | The Stochastics value for ENTO is a neutral value. |
| Average True Range in percent/ATR (20) | 16.84 | HIGH VOLATILITY | The high ATR as a percentage value for ENTO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.9 | NEUTRAL | The ADX value for ENTO suggests a possible start of a new trend. |
ENTO Chart- and CandleStick Pattern Analysis
ENTO Technicals: Chart, Performance Metrics, Trend & Indicators
2.99
+0.15 (+5.28%)
ENTERO THERAPEUTICS INC / ENTO TA FAQ
What is the technical rating for ENTO stock?
ChartMill assigns a technical rating of 4 / 10 to ENTO.
What is the current trend direction of ENTERO THERAPEUTICS INC (ENTO) stock?
The current trend direction for ENTERO THERAPEUTICS INC (ENTO) is Bearish.
What is the RSI signal for ENTERO THERAPEUTICS INC (ENTO) stock?
ENTERO THERAPEUTICS INC (ENTO) has an RSI value of 40.5486. This indicates that the stock is currently neutral.
What is the MACD signal for ENTO stock?
The MACD indicator for ENTERO THERAPEUTICS INC (ENTO) has a value of -0.069229, indicating a bearish trend.
What are the support and resistance levels for ENTERO THERAPEUTICS INC (ENTO) stock?
ENTERO THERAPEUTICS INC (ENTO) has a support level at 2.61. Check the full technical report for our detailed analysis of ENTO support and resistance levels.