89BIO INC (ETNB) Stock Technical Analysis
NASDAQ:ETNB - Nasdaq - US2825591033 - Common Stock - Currency: USD
Overall ETNB gets a technical rating of 0 out of 10. ETNB'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than ETNB.
ETNB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ETNB has an average volume of 1147190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ETNB is an average performer in the Biotechnology industry, it outperforms 54% of 572 stocks in the same industry.
In the last month ETNB has a been trading in the 5.99 - 8.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ETNB 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
7.06
9.55
We can see 2 important resistance areas.
- Resistance @8.99 from a trend line in the weekly time frame.
- Resistance @9.46 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
Mansfield-2.78
10 Day High7.31
10 Day Low5.99
20 Day High8.06
20 Day Low5.99
52 Week High16.63
52 Week Low5.99
Performance
1 Week16.98%
2 Weeks-2.99%
1 Month-10.76%
3 Month-9.4%
6 Month-22.84%
12 Month-29.89%
2 Year-38.96%
3 Year21.05%
5 Year-73.32%
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)0.04
RSI(14)48.27
LBB5.66
UBB8.01
89BIO INC
NASDAQ:ETNB (1/24/2025, 8:00:02 PM)
Premarket: 11.93 +4.8 (+67.32%)7.13
+0.21 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.03%
1 Week16.98%
2 Weeks-2.99%
1 Month-10.76%
3 Month-9.4%
6 Month-22.84%
12 Month-29.89%
2 Year-38.96%
3 Year21.05%
5 Year-73.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.47%
ATR Inc6.61%
Range Today0.32
ADR(20)0.39
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
Mansfield-2.78
10 Day High7.31
10 Day Low5.99
20 Day High8.06
20 Day Low5.99
52 Week High16.63
52 Week Low5.99
CS1 EndN/A
CR1 Start8.99
Volume & EV
DER(3)-1.49%
DER(5)1.09%
Volume1.43M
Volume Incr15.92%
Vol(5)1.45M
Vol(50)1.15M