Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
89bio, Inc. (NASDAQ:ETNB)
Strong Downtrend (-100) - ETNB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ETNB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETNB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ETNB
The long-term trend has been DOWN since May 24th, 2021 at 19.760
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 18.435
The short-term trend has been DOWN since Oct 14th, 2021 at 18.200
Smart Scan Analysis for ETNB
Based on our trend formula, ETNB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.28||52wk High Date||2021-04-21|
|52wk Low||14.7||52wk Low Date||2021-07-29|
|Average Volume||76,706||Shares Outstanding||20,088|