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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.

Open High Low ETNB Price Change
4.380 4.760 4.360 4.665 +0.315
Entry Signal

MarketClub’s Trade Triangles for ETNB

long term up The long-term trend has been UP since Aug 9th, 2022 at 4.00

intermediate term up The intermediate-term trend has been UP since May 17th, 2022 at 2.86

short term up 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).

Smart Scan Analysis for ETNB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.380 4.760 4.360 4.665 +0.315
Prev. Close Volume Bid Ask Time
4.350 424240 2022-08-15 15:09:28
52wk High21.4752wk High Date2021-09-17
52wk Low252wk Low Date2022-05-03
Average Volume466,249Shares Outstanding20,351
P/E Ratio-8.14940000
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