ERNEXA THERAPEUTICS INC (ERNA) Technical Analysis
NASDAQ:ERNA • US1140823089
Current stock price
ERNA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ERNA. ERNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ERNA is a bad performer in the overall market: 100% of all stocks are doing better.
- ERNA is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 92% are performing better than ERNA.
- ERNA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ERNA is lagging the market.
- In the last month ERNA has a been trading in the 0.26 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ERNA has an average volume of 1891070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ERNA Weekly and Daily overview Charts
ERNA Setup Rating and Analysis
Although the technical rating is bad, ERNA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
ERNA Support and Resistance Analysis
0.26
We found 1 important resistance area.
- Resistance @0.31 from a trend line in the daily time frame.
ERNA Technical Indicator Signal Analysis
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 ERNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERNA is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | ERNA has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ERNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.11 | NEUTRAL | The RSI value for ERNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ERNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.03 | OVERSOLD | The low Stochastics value suggests ERNA may be oversold. |
| Average True Range in percent/ATR (20) | 12.99 | HIGH VOLATILITY | The high ATR as a percentage value for ERNA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for ERNA suggests a strong trend. |
ERNA Chart- and CandleStick Pattern Analysis
ERNA Technicals: Chart, Performance Metrics, Trend & Indicators
0.2657
0 (-1.59%)
ERNEXA THERAPEUTICS INC / ERNA TA FAQ
Can you provide the ChartMill technical rating for ERNEXA THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to ERNA.
What is the trend direction for ERNA stock?
The current trend direction for ERNEXA THERAPEUTICS INC (ERNA) is Bearish.
What is the RSI signal for ERNEXA THERAPEUTICS INC (ERNA) stock?
ERNEXA THERAPEUTICS INC (ERNA) has an RSI value of 30.1097. This indicates that the stock is currently neutral.
What is the buy/sell signal for ERNA stock?
The buy/sell signal for ERNEXA THERAPEUTICS INC (ERNA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for ERNA stock?
ERNEXA THERAPEUTICS INC (ERNA) has a resistance level at 0.31. Check the full technical report for our detailed analysis of ERNA support and resistance levels.