ENDRA LIFE SCIENCES INC (NDRA) Technical Analysis
NASDAQ:NDRA • US29273B5003
Current stock price
NDRA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NDRA. NDRA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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: 87% of all stocks are doing 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 2.96 - 5.94 range, which is quite wide. It is currently trading near the lows of this range.
- NDRA is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, NDRA did better than 41% of them.
- Considerably lower volume is observed in the last couple of days.
NDRA Weekly and Daily overview Charts
NDRA Setup Rating and Analysis
NDRA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.46. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NDRA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NDRA Support and Resistance Analysis
3.42
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.46 to 3.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.81 from a trend line in the daily time frame.
- Resistance @5.30 from a trend line in the weekly time frame.
- Resistance @6.45 from a trend line in the weekly time frame.
NDRA Technical Indicator Signal Analysis
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 | 13.57 | NEGATIVE | NDRA has a low relative strength, it was outperformed by 86.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NDRA is below a declining 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) | 45.53 | NEUTRAL | The RSI value for NDRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NDRA has a positive trend. |
| Stochastics (14,3) | 40.37 | NEUTRAL | The Stochastics value for NDRA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.09 | HIGH VOLATILITY | The high ATR as a percentage value for NDRA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for NDRA suggests a weak or negative trend. |
NDRA Chart- and CandleStick Pattern Analysis
NDRA Technicals: Chart, Performance Metrics, Trend & Indicators
3.45
+0.19 (+5.83%)
ENDRA LIFE SCIENCES INC / NDRA TA FAQ
What is the technical rating for NDRA stock?
ChartMill assigns a technical rating of 0 / 10 to NDRA.
What is the trend direction for NDRA stock?
The current trend direction for ENDRA LIFE SCIENCES INC (NDRA) is Bearish.
What is the RSI signal for NDRA stock?
ENDRA LIFE SCIENCES INC (NDRA) has an RSI value of 45.5295. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENDRA LIFE SCIENCES INC?
The short term momentum for ENDRA LIFE SCIENCES INC (NDRA) is negative.
What is the support and resistance level for NDRA stock?
ENDRA LIFE SCIENCES INC (NDRA) has a resistance level at 3.46. Check the full technical report for our detailed analysis of NDRA support and resistance levels.