Taking everything into account, ENTX scores 8 out of 10 in our technical rating. 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.
Although ENTX has an excellent technical rating, it does not offer a high quality setup 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
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We found 7 important support areas.
- A support zone ranging from 2.37 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.90 from a trend line in the weekly time frame.
- Support @1.85 from a trend line in the daily time frame.
- Support @1.80 from a horizontal line in the daily time frame.
- Support @1.73 from a horizontal line in the daily time frame.
- Support @1.65 from a trend line in the weekly time frame.
- Support @1.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.39 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ENTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENTX is down. |
| ChartMill Relative Strength | 90.28 | POSITIVE | ENTX has a high relative strength, it outperformed 90.28% off all stocks 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) | UP | MIXED | The current price of ENTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.38 | NEUTRAL | The RSI value for ENTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ENTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.97 | OVERSOLD | The low Stochastics value suggests ENTX may be oversold. |
| Average True Range in percent/ATR (20) | 9.97 | HIGH VOLATILITY | The high ATR as a percentage value for ENTX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.26 | NEUTRAL | The ADX value for ENTX suggests a possible start of a new trend. |
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ENTERA BIO LTD / ENTX FAQ
What is the technical rating for ENTX stock?
ChartMill assigns a technical rating of 8 / 10 to ENTX.
What is the trend direction for ENTX stock?
The current trend direction for ENTERA BIO LTD (ENTX) is Bullish.
What is the RSI signal for ENTERA BIO LTD (ENTX) stock?
ENTERA BIO LTD (ENTX) has an RSI value of 41.3822. This indicates that the stock is currently neutral.
What is the buy/sell signal for ENTX stock?
The buy/sell signal for ENTERA BIO LTD (ENTX) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for ENTERA BIO LTD (ENTX) stock?
ENTERA BIO LTD (ENTX) has a support level at 2.37 and a resistance level at 2.39. Check the full technical report for our detailed analysis of ENTX support and resistance levels.