ENTERO THERAPEUTICS INC (ENTO) Stock Technical Analysis
USA - NASDAQ:ENTO - US33749P5070 - Common Stock
We assign a technical rating of 7 out of 10 to ENTO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ENTO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.89
3 important support areas can be observed.
- Support @4.10 from a trend line in the daily time frame.
- Support @4.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.93 to 3.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.47 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ENTO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENTO is neutral. |
| ChartMill Relative Strength | 97.95 | POSITIVE | ENTO has a high relative strength, it outperformed 97.95% 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) | UP | POSITIVE | The current price of ENTO is above the rising 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) | 48.98 | NEUTRAL | The RSI value for ENTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ENTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.12 | NEUTRAL | The Stochastics value for ENTO is a neutral value. |
| Average True Range in percent/ATR (20) | 13.9 | HIGH VOLATILITY | The high ATR as a percentage value for ENTO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.94 | POSITIVE | The high ADX value value for ENTO suggests a strong trend. |
4.25
-0.18 (-4.06%)
ENTERO THERAPEUTICS INC / ENTO FAQ
What is the technical rating for ENTO stock?
ChartMill assigns a technical rating of 7 / 10 to ENTO.
Can you provide the trend direction for ENTERO THERAPEUTICS INC?
The current trend direction for ENTERO THERAPEUTICS INC (ENTO) is Bullish.
What is the RSI signal for ENTO stock?
ENTERO THERAPEUTICS INC (ENTO) has an RSI value of 48.9789. 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 -0.096793, indicating a bearish trend.
Can you provide the short term momentum for ENTERO THERAPEUTICS INC?
The short term momentum for ENTERO THERAPEUTICS INC (ENTO) is neutral.