ETON PHARMACEUTICALS INC (ETON) Stock Technical Analysis
USA - NASDAQ:ETON - US29772L1089 - Common Stock
19.66 USD
-0.62 (-3.06%)
19.2 USD
-0.46 (-2.34%)
Taking everything into account, ETON scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ETON has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ETON did better than 95% of all other stocks. We also observe that the gains produced by ETON over the past year are nicely spread over this period.
ETON is part of the Pharmaceuticals industry. There are 196 other stocks in this industry. ETON outperforms 92% of them.
ETON is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ETON is lagging the market slightly.
In the last month ETON has a been trading in the 17.24 - 23.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ETON also presents a decent setup pattern. 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
15.62
19.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.65 to 19.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.21 from a trend line in the daily time frame.
- Support @15.78 from a trend line 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 | UP | POSITIVE | The long term trend for ETON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETON is up. |
| ChartMill Relative Strength | 95.79 | POSITIVE | ETON has a high relative strength, it outperformed 95.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.78 | NEUTRAL | The RSI value for ETON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ETON has a negative trend. |
| Stochastics (14,3) | 43.79 | NEUTRAL | The Stochastics value for ETON is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for ETON suggests high volalility. |
| Average Directional Index/ADX (14) | 43.65 | POSITIVE | The high ADX value value for ETON 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)
19.66
-0.62 (-3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.06%
1 Week-1.35%
2 Weeks-7.57%
1 Month11.39%
3 Month35.68%
6 Month57.91%
12 Month145.75%
2 Year365.88%
3 Year670.98%
5 Year169.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%5.55%
ATR Inc-22.08%
Range Today0.82
ADR(20)1.08
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.79
Mansfield2.11
10 Day High23
10 Day Low19.48
20 Day High23
20 Day Low17.24
52 Week High23
52 Week Low7.58
CS1 End19.65
CR1 StartN/A
Volume & EV
DER(3)-3.96%
DER(5)0.25%
Volume249.60K
Volume Incr-3.36%
Vol(5)319.52K
Vol(50)319.03K