ENTERA BIO LTD (ENTX) Stock Technical Analysis
NASDAQ:ENTX - Nasdaq - IL0011429839 - Common Stock - Currency: USD
Taking everything into account, ENTX scores 3 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, ENTX turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
ENTX is part of the Biotechnology industry. There are 553 other stocks in this industry, ENTX did better than 68% of them.
ENTX 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 ENTX is lagging the market slightly.
In the last month ENTX has a been trading in the 1.72 - 2.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ENTX has a poor technical rating and the quality of the setup is also 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
1.57
2.48
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.92 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.76 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.73 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 2.04 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.11 from a trend line in the daily time frame.
- Resistance @2.15 from a trend line in the weekly time frame.
- Resistance @2.46 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 | NEUTRAL | NEUTRAL | The short term trend for ENTX is neutral. |
| ChartMill Relative Strength | 53.22 | NEUTRAL | ENTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENTX is above the rising 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) | UP | MIXED | The current price of ENTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.97 | NEUTRAL | The RSI value for ENTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.36 | NEUTRAL | The Stochastics value for ENTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for ENTX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.45 | 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)
1.95
+0.02 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.04%
1 Week4.84%
2 Weeks-4.88%
1 Month3.17%
3 Month-17.37%
6 Month-10.96%
12 Month25.81%
2 Year182.61%
3 Year44.44%
5 Year52.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%6.62%
ATR Inc-41.37%
Range Today0.06
ADR(20)0.12
ADR(20)%6.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.22
Mansfield-0.71
10 Day High2.35
10 Day Low1.85
20 Day High2.35
20 Day Low1.72
52 Week High2.79
52 Week Low1.41
CS1 End1.94
CR1 Start2.04
Volume & EV
DER(3)-1.57%
DER(5)-0.82%
Volume30.60K
Volume Incr2209.04%
Vol(5)935.16K
Vol(50)131.20K