Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
89bio, Inc. (NASDAQ:ETNB)
Long-Term Uptrend (+90) - ETNB is in a strong uptrend that is likely to continue. While ETNB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Aug 9th, 2022 at 4.00
The intermediate-term trend has been UP since May 17th, 2022 at 2.86
The short-term trend has been UP since Aug 8th, 2022 at 3.67
Smart Scan Analysis for ETNB
Based on our trend formula, ETNB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.47||52wk High Date||2021-09-17|
|52wk Low||2||52wk Low Date||2022-05-03|
|Average Volume||466,249||Shares Outstanding||20,351|