Enzon Pharmaceuticals (ENZN) Stock Technical Analysis
NASDAQ:ENZN -
0.46
+0.01 (+2.22%)
0.46
0 (0%)
Taking everything into account, ENZN scores 0 out of 10 in our technical rating. ENZN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ENZN is a bad performer in the overall market: 91% of all stocks are doing better.
ENZN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ENZN has a been trading in the 0.41 - 0.53 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, ENZN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.44, a Stop Loss order could be placed below this zone.
More info and screens
0.44
0.49
We found 1 important support area.
- Support @0.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.49 to 0.49. 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 | DOWN | NEGATIVE | The long term trend for ENZN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENZN is down. |
| ChartMill Relative Strength | 9.49 | NEGATIVE | ENZN has a low relative strength, it was outperformed by 90.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENZN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENZN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENZN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.21 | NEUTRAL | The RSI value for ENZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENZN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for ENZN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for ENZN suggests high volalility. |
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)
0.46
+0.01 (+2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.22%
1 Week-4.17%
2 Weeks-8%
1 Month-8%
3 Month2.22%
6 Month-32.35%
12 Month-62.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.87%
ATR Inc47.37%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.49
Mansfield-4.48
10 Day High0.5
10 Day Low0.41
20 Day High0.53
20 Day Low0.41
52 Week High1.82
52 Week Low0.39
CS1 End0.44
CR1 Start0.49
Volume & EV
DER(3)-4.31%
DER(5)-0.71%
Volume846.10K
Volume Incr248.96%
Vol(5)467.64K
Vol(50)186.00K