ENDRA LIFE SCIENCES INC (NDRA) Stock Technical Analysis
NASDAQ:NDRA - Nasdaq - US29273B5003 - Common Stock - Currency: USD
Overall NDRA gets a technical rating of 1 out of 10. NDRA 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, NDRA is a bad performer in the overall market: 98% of all stocks are doing better.
NDRA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 86% of 188 stocks in the same industry do better.
NDRA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NDRA is lagging the market.
In the last month NDRA has a been trading in the 2.92 - 3.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NDRA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.10, a Stop Loss order could be placed below this zone.
More info and screens
3.05
6.02
We found 1 important support area.
- A support zone ranging from 3.08 to 3.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @3.67 from a horizontal line in the daily time frame.
- Resistance @5.33 from a trend line in the weekly time frame.
- Resistance @5.48 from a trend line in the daily time frame.
- Resistance @5.96 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for NDRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NDRA is down. |
| ChartMill Relative Strength | 2.74 | NEGATIVE | NDRA has a low relative strength, it was outperformed by 97.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NDRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NDRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NDRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.75 | NEUTRAL | The RSI value for NDRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NDRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.35 | NEUTRAL | The Stochastics value for NDRA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for NDRA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.88 | NEGATIVE | The low ADX value for NDRA suggests a weak or negative 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)
3.45
-0.21 (-5.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.74%
1 Week2.68%
2 Weeks2.99%
1 Month7.48%
3 Month-15.85%
6 Month-19.2%
12 Month-98.1%
2 Year-99.86%
3 Year-99.96%
5 Year-99.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%7.53%
ATR Inc28.27%
Range Today0.2
ADR(20)0.25
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.74
Mansfield-8.91
10 Day High3.8
10 Day Low3.31
20 Day High3.8
20 Day Low2.92
52 Week High286.48
52 Week Low2.9
CS1 End3.1
CR1 Start3.67
Volume & EV
DER(3)-1.41%
DER(5)-4.82%
Volume55.60K
Volume Incr-63.1%
Vol(5)35.98K
Vol(50)216.71K