ETERNA THERAPEUTICS INC (ERNA)

US1140822099 - Common Stock

2.15  0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ERNA. ERNA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month ERNA has a been trading in the 2.06 - 2.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ERNA has an average volume of 8499 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ERNA is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ERNA is an average performer in the Biotechnology industry, it outperforms 68% of 588 stocks in the same industry.
ERNA 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 ERNA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ERNA Weekly chart
ERNA Daily chart
Setup Rating and Analysis

6

ERNA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.71

2.44

3 important support areas can be observed.

  • A support zone ranging from 2.14 to 2.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.94 from a trend line in the daily time frame.
  • Support @1.73 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 2.26 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 2.36 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.23
Mansfield-0.53
10 Day High2.45
10 Day Low2.06
20 Day High2.5
20 Day Low2.06
52 Week High3.45
52 Week Low0.84
Performance
1 Week-4.87%
2 Weeks-5.7%
1 Month-6.52%
3 Month53.58%
6 Month22.51%
12 Month-34.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)48.52
LBB2.09
UBB2.39
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.282.130.15 (6.58%)15.20%
An entry @2.28. This is a Buy Stop order right above the resistance zone.An exit @2.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.15 points, which is 6.58%.For a 1.00% total portfolio risk, you can invest 15.20% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of ERNA. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ERNA Daily chart

ETERNA THERAPEUTICS INC

NASDAQ:ERNA (4/18/2024, 3:30:02 PM)

2.15

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-4.87%
2 Weeks-5.7%
1 Month-6.52%
3 Month53.58%
6 Month22.51%
12 Month-34.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%7.47%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.45
10 Day Low2.06
20 Day High2.5
20 Day Low2.06
52 Week High3.45
52 Week Low0.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.77K
Volume Incr-23.22%
Vol(5)4.63K
Vol(50)8.50K