ENDRA LIFE SCIENCES INC (NDRA) Stock Technical Analysis
USA - NASDAQ:NDRA - US29273B5003 - Common Stock
We assign a technical rating of 2 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.
The technical rating of NDRA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.60
2 important support areas can be observed.
- A support zone ranging from 4.95 to 4.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.65 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @7.41 from a trend line in the weekly time frame.
- Resistance @8.02 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 | 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 | 5.73 | NEGATIVE | NDRA has a low relative strength, it was outperformed by 94.27% 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) | UP | MIXED | The current price of NDRA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NDRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.56 | NEUTRAL | The RSI value for NDRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests NDRA has a negative trend. |
| Stochastics (14,3) | 6.59 | OVERSOLD | The low Stochastics value suggests NDRA may be oversold. |
| Average True Range in percent/ATR (20) | 15.72 | HIGH VOLATILITY | The high ATR as a percentage value for NDRA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.63 | POSITIVE | The high ADX value value for NDRA suggests a strong trend. |
5
+0.04 (+0.81%)
ENDRA LIFE SCIENCES INC / NDRA FAQ
What is the technical rating for NDRA stock?
ChartMill assigns a technical rating of 2 / 10 to NDRA.
What is the current trend direction of ENDRA LIFE SCIENCES INC (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 41.5634. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENDRA LIFE SCIENCES INC?
The MACD indicator for ENDRA LIFE SCIENCES INC (NDRA) has a value of -0.261432, indicating a bearish trend.
What is the buy/sell signal for ENDRA LIFE SCIENCES INC (NDRA) stock?
The buy/sell signal for ENDRA LIFE SCIENCES INC (NDRA) is sell as both the short term and long term trends are negative.