Technical Analysis for ETNB - 89bio, Inc.

Grade Last Price % Change Price Change
A 19.62 3.48% 0.66
ETNB closed up 0.42 percent on Friday, June 2, 2023, on 62 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 3.48%
New Uptrend Bullish 3.48%
Bollinger Band Squeeze Range Contraction 3.48%
Doji - Bearish? Reversal 3.48%
New 52 Week High Strength 3.48%
Stochastic Reached Overbought Strength 3.48%
Upper Bollinger Band Walk Strength 3.48%
BB Squeeze + Upper Band Touch Range Contraction 3.48%
Above Upper BB Strength 3.48%
Overbought Stochastic Strength 3.48%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 3% about 2 hours ago
60 Minute Opening Range Breakout about 3 hours ago
Rose Above Previous Day's High about 3 hours ago
New 52 Week High about 3 hours ago
Up 2% about 3 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

89bio, Inc. operates as a clinical-stage biopharmaceutical company. It focuses on the development and commercialization of innovative therapies for nonalcoholic steatohepatitis (NASH), liver and cardio-metabolic diseases. The company was founded on January 01, 2018 and is headquartered in San Francisco, CA.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biopharmaceutical Alcohol Steatohepatitis Hepatitis Metabolic Disease Non Alcoholic Fatty Liver Disease Innovative Therapies

Is ETNB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.2078
52 Week Low 2.91
Average Volume 1,747,543
200-Day Moving Average 11.27
50-Day Moving Average 16.47
20-Day Moving Average 17.55
10-Day Moving Average 17.51
Average True Range 1.12
RSI (14) 64.54
ADX 26.34
+DI 29.20
-DI 11.23
Chandelier Exit (Long, 3 ATRs) 15.84
Chandelier Exit (Short, 3 ATRs) 19.10
Upper Bollinger Bands 18.93
Lower Bollinger Band 16.16
Percent B (%b) 1.01
BandWidth 15.80
MACD Line 0.55
MACD Signal Line 0.44
MACD Histogram 0.1051
Fundamentals Value
Market Cap 376.9 Million
Num Shares 19.9 Million
EPS -4.56
Price-to-Earnings (P/E) Ratio -4.16
Price-to-Sales 0.00
Price-to-Book 2.53
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.20
Resistance 3 (R3) 20.15 19.68 19.99
Resistance 2 (R2) 19.68 19.36 19.70 19.93
Resistance 1 (R1) 19.32 19.17 19.08 19.37 19.86
Pivot Point 18.85 18.85 18.73 18.88 18.85
Support 1 (S1) 18.49 18.53 18.26 18.55 18.06
Support 2 (S2) 18.02 18.34 18.05 17.99
Support 3 (S3) 17.66 18.02 17.93
Support 4 (S4) 17.72