ENTERA BIO LTD (ENTX) Stock Technical Analysis
USA - NASDAQ:ENTX - IL0011429839 - Common Stock
2.35 USD
-0.06 (-2.49%)
2.35 USD
0 (0%)
We assign a technical rating of 9 out of 10 to ENTX. In the last year, ENTX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ENTX is one of the better performing stocks in the market, outperforming 83% of all stocks.
ENTX is an average performer in the Biotechnology industry, it outperforms 65% of 536 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.
In the last month ENTX has a been trading in the 1.76 - 2.95 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 an excellent technical rating, but 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
1.57
2.69
When analyzing the support we can see 6 important areas.
- A support zone ranging from 2.34 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.80 to 1.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.73 from a horizontal line in the daily time frame.
- Support @1.64 from a trend line in the weekly time frame.
- Support @1.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @2.66 from a horizontal 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 | UP | POSITIVE | The short term trend for ENTX is up. |
| ChartMill Relative Strength | 83.11 | POSITIVE | ENTX has a high relative strength, it outperformed 83.11% off all stocks 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) | UP | POSITIVE | The current price of ENTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.44 | NEUTRAL | The RSI value for ENTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ENTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.95 | NEUTRAL | The Stochastics value for ENTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for ENTX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.72 | POSITIVE | The high ADX value value for ENTX 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)
2.35
-0.06 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.49%
1 Week-11.32%
2 Weeks23.68%
1 Month30.56%
3 Month14.63%
6 Month31.28%
12 Month27.03%
2 Year243.07%
3 Year200.28%
5 Year125.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.5%
ATR Inc-12.86%
Range Today0.18
ADR(20)0.17
ADR(20)%7.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.11
Mansfield0.58
10 Day High2.95
10 Day Low1.84
20 Day High2.95
20 Day Low1.76
52 Week High2.95
52 Week Low1.5
CS1 End2.34
CR1 Start2.66
Volume & EV
DER(3)-15.91%
DER(5)-8.3%
Volume61.80K
Volume Incr64.66%
Vol(5)184.92K
Vol(50)99.18K