ETON PHARMACEUTICALS INC (ETON)

US29772L1089 - Common Stock

12.57  +0.29 (+2.36%)

After market: 12.57 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to ETON. Both in the recent history as in the last year, ETON has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ETON is one of the better performing stocks in the market, outperforming 98% of all stocks.
ETON is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. ETON outperforms 98% of them.
ETON is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ETON is performing more or less in line with the market.
In the last month ETON has a been trading in the 10.60 - 13.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ETON Weekly chart
ETON Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, ETON also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 12.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

11.27

12.70

We found 3 important support areas.

  • A support zone ranging from 12.31 to 12.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.90 from a horizontal line in the daily time frame.
  • Support @11.38 from a trend 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
CRS98.42
Mansfield11.59
10 Day High13.29
10 Day Low11.64
20 Day High13.98
20 Day Low10.6
52 Week High13.98
52 Week Low3.03
Performance
1 Week1.78%
2 Weeks-1.8%
1 Month16.93%
3 Month131.92%
6 Month276.35%
12 Month173.86%
2 Year345.75%
3 Year193.01%
5 Year74.58%
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)-0.14
RSI(14)60.35
LBB11.73
UBB12.88
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
13.3012.301.00 (7.52%)13.30%
An entry @13.30. This is a Buy Stop order right above the 10 day high.An exit @12.30. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.00 points, which is 7.52%.When investing 13.30% 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 ETON. 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.
ETON Daily chart

ETON PHARMACEUTICALS INC

NASDAQ:ETON (12/20/2024, 8:07:41 PM)

After market: 12.57 0 (0%)

12.57

+0.29 (+2.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.36%
1 Week1.78%
2 Weeks-1.8%
1 Month16.93%
3 Month131.92%
6 Month276.35%
12 Month173.86%
2 Year345.75%
3 Year193.01%
5 Year74.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%6.64%
ATR Inc6.7%
Range Today1.12
ADR(20)0.82
ADR(20)%6.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.42
Mansfield11.59
10 Day High13.29
10 Day Low11.64
20 Day High13.98
20 Day Low10.6
52 Week High13.98
52 Week Low3.03
CS1 End12.45
CR1 StartN/A
Volume & EV
DER(3)-1.11%
DER(5)-4.24%
Volume281.50K
Volume Incr-31.5%
Vol(5)181.94K
Vol(50)219.94K