Entasis Therapeutics Holdings Inc (ETTX)

US2936141033 - Common Stock

2.19  -0.01 (-0.45%)

Technical Rating and Analysis

8

Overall ETTX gets a technical rating of 8 out of 10. Both in the recent history as in the last year, ETTX 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!
ETTX is one of the better performing stocks in the Biotechnology industry, it outperforms 81% of 587 stocks in the same industry.
Looking at the yearly performance, ETTX did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ETTX 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 ETTX is lagging the market slightly.
In the last month ETTX has a been trading in a tight range between 2.18 and 2.20.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
ETTX Weekly chart
ETTX Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ETTX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 2.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.19, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

1.82

2.23

3 important support areas can be observed.

  • A support zone ranging from 2.18 to 2.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 1.90 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.84 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 2.19 to 2.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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
CRS90.67
Mansfield0.76
10 Day High2.2
10 Day Low2.18
20 Day High2.2
20 Day Low2.18
52 Week High3.88
52 Week Low1.4
Performance
1 Week-0.45%
2 Weeks-0.45%
1 Month0%
3 Month18.38%
6 Month7.88%
12 Month-12.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)-0.01
RSI(14)62.72
LBB2.18
UBB2.2

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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
2.202.170.03 (1.50%)25.00%
An entry @2.20. This is a Buy Stop order right above the 10 day moving average.An exit @2.17. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.03 points, which is 1.50%.For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.

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ETTX Daily chart

Entasis Therapeutics Holdings Inc

NASDAQ:ETTX (7/8/2022, 7:00:02 PM)

2.19

-0.01 (-0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.45%
1 Week-0.45%
2 Weeks-0.45%
1 Month0%
3 Month18.38%
6 Month7.88%
12 Month-12.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.01
ATR(20)%0.63%
ATR Inc
Range Today0.01
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 High2.2
10 Day Low2.18
20 Day High2.2
20 Day Low2.18
52 Week High3.88
52 Week Low1.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume68.80K
Volume Incr-46.61%
Vol(5)80.26K
Vol(50)264.00K