ENGENE HOLDINGS INC (ENGN)

CA29286M1059 - Common Stock

8.52  -0.37 (-4.16%)

After market: 8.52 0 (0%)

Technical Rating and Analysis

6

Overall ENGN gets a technical rating of 6 out of 10. In the past year, ENGN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, ENGN turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
ENGN is an average performer in the Biotechnology industry, it outperforms 62% of 564 stocks in the same industry.
ENGN 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 ENGN is lagging the market slightly.
In the last month ENGN has a been trading in the 6.35 - 11.00 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.
Weekly and Daily overview Charts
ENGN Weekly chart
ENGN Daily chart
Setup Rating and Analysis

6

ENGN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 8.51, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.69

10.10

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 8.50 to 8.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.09 from a horizontal line in the weekly time frame.
  • Support @5.75 from a trend line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @9.08 from a horizontal line in the weekly time frame.
  • Resistance @9.25 from a trend line in the daily time frame.
  • Resistance @10.00 from a horizontal line in the daily time frame.
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
CRS65.79
Mansfield-2.29
10 Day High10.06
10 Day Low8.5
20 Day High11
20 Day Low6.35
52 Week High18.4
52 Week Low4.42
Performance
1 Week-3.62%
2 Weeks-13.33%
1 Month27.35%
3 Month28.9%
6 Month-40.13%
12 Month1.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)53.75
LBB8.34
UBB9.64
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
9.098.490.60 (6.60%)15.15%
An entry @9.09. This is a Buy Stop order right above the resistance zone.An exit @8.49. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.60 points, which is 6.60%.When investing 15.15% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of ENGN. Please evaluate whether better entry and exit points can be found.
  • 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.
ENGN Daily chart

ENGENE HOLDINGS INC

NASDAQ:ENGN (11/4/2024, 8:05:23 PM)

After market: 8.52 0 (0%)

8.52

-0.37 (-4.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.16%
1 Week-3.62%
2 Weeks-13.33%
1 Month27.35%
3 Month28.9%
6 Month-40.13%
12 Month1.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.88
ATR(20)%9.57%
ATR Inc
Range Today0.75
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 High10.06
10 Day Low8.5
20 Day High11
20 Day Low6.35
52 Week High18.4
52 Week Low4.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume75.10K
Volume Incr-79.14%
Vol(5)46.84K
Vol(50)189.08K