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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

89bio, Inc. (NASDAQ:ETNB)

Bear Market Rally (-75) - ETNB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ETNB as it may be in the beginning of a reversal.

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.

NASDAQ_ETNB
Open High Low ETNB Price Change
7.80 8.03 7.65 8.00 +0.06
Entry Signal

MarketClub’s Trade Triangles for ETNB

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 7.000

intermediate term down The intermediate-term trend has been DOWN since Dec 13th, 2024 at 7.675

short term up The short-term trend has been UP since Dec 23rd, 2024 at 8.050

Smart Scan Analysis for ETNB

Based on our trend formula, ETNB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ETNB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.80 8.03 7.65 8.00 +0.06
Prev. Close Volume Bid Ask Time
7.94 519344 2024-12-26 14:25:38
52wk High16.6352wk High Date2024-03-04
52wk Low6.4352wk Low Date2024-12-19
Average Volume1,267,176Shares Outstanding106,126
Assets458,297,000MLiabilities80,195,000M
P/E Ratio-8.14940000
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