ETON PHARMACEUTICALS INC (ETON) Stock Technical Analysis
NASDAQ:ETON - US29772L1089 - Common Stock
17.67 USD
-0.2 (-1.12%)
17.67 USD
0 (0%)
Overall ETON gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ETON did better than 97% of all other stocks. On top of that, ETON also shows a nice and consistent pattern of rising prices.
ETON is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 95% of 195 stocks in the same industry.
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 14.73 - 18.31 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ETON also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
11.70
17.85
We found 4 important support areas.
- A support zone ranging from 17.04 to 17.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.20 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.94 from a trend line in the daily time frame.
- Support @11.82 from a horizontal 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 | 97.85 | POSITIVE | ETON has a high relative strength, it outperformed 97.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETON is above 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) | 62.88 | NEUTRAL | The RSI value for ETON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ETON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.51 | OVERBOUGHT | The high Stochastics value suggests ETON may be overbought. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ETON suggests some volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for ETON suggests a possible start of a new 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)
17.67
-0.2 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.12%
1 Week2.26%
2 Weeks3.39%
1 Month15.79%
3 Month4.93%
6 Month21.11%
12 Month284.97%
2 Year323.74%
3 Year741.43%
5 Year123.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.51%
ATR Inc21.36%
Range Today0.92
ADR(20)0.8
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.85
Mansfield1.82
10 Day High18.31
10 Day Low16.69
20 Day High18.31
20 Day Low14.73
52 Week High21.48
52 Week Low4.52
CS1 End17.39
CR1 StartN/A
Volume & EV
DER(3)1.89%
DER(5)1.72%
Volume286.70K
Volume Incr-35.93%
Vol(5)213.76K
Vol(50)455.58K