Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
89bio, Inc. (NASDAQ:ETNB)
Strong Uptrend (+100) - ETNB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ETNB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 4.0000
The intermediate-term trend has been UP since Mar 22nd, 2023 at 14.5599
The short-term trend has been UP since May 30th, 2023 at 17.9400
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||19.12||52wk High Date||2023-06-01|
|52wk Low||2.91||52wk Low Date||2022-06-16|
|Average Volume||1,156,210||Shares Outstanding||72,868|