ENTERA BIO LTD (ENTX) Stock Technical Analysis
NASDAQ:ENTX - Nasdaq - IL0011429839 - Common Stock - Currency: USD
Taking everything into account, ENTX scores 1 out of 10 in our technical rating. ENTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month ENTX has a been trading in the 1.84 - 2.28 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ENTX outperforms 63% of them, which is more or less in line with the market.
ENTX is an average performer in the Biotechnology industry, it outperforms 68% of 555 stocks in the same industry.
ENTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENTX is lagging the market.
Considerably lower volume is observed in the last couple of days.
ENTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.98. Right above this resistance zone may be a good entry point.
More info and screens
1.57
2.51
We found 4 important support areas.
- Support @1.84 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.63 from a trend line in the daily time frame.
- A support zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.20 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.49 from a trend line in the weekly 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 ENTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENTX is down. |
| ChartMill Relative Strength | 63.08 | NEUTRAL | ENTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.53 | NEUTRAL | The RSI value for ENTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.29 | OVERSOLD | The low Stochastics value suggests ENTX may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for ENTX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.14 | NEGATIVE | The low ADX value for ENTX suggests a weak or negative 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)
1.8901
-0.02 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.04%
1 Week-5.49%
2 Weeks-5.02%
1 Month-7.8%
3 Month18.13%
6 Month-29.74%
12 Month13.18%
2 Year138.35%
3 Year-2.57%
5 Year11.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%8.16%
ATR Inc-47.56%
Range Today0.08
ADR(20)0.15
ADR(20)%8.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.08
Mansfield-1.08
10 Day High2.06
10 Day Low1.84
20 Day High2.28
20 Day Low1.84
52 Week High2.79
52 Week Low1.41
CS1 End1.84
CR1 Start1.98
Volume & EV
DER(3)-10.48%
DER(5)-10.16%
Volume18.10K
Volume Incr-47.29%
Vol(5)21.18K
Vol(50)42.45K