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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
89bio, Inc. (NASDAQ:ETNB)
Crossroads (+60) - ETNB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ETNB
The long-term trend has been DOWN since Jun 5th, 2024 at 7.64
The intermediate-term trend has been UP since Jul 11th, 2024 at 9.03
The short-term trend has been UP since Jul 24th, 2024 at 8.78
Smart Scan Analysis for ETNB
Based on our trend formula, ETNB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.850 | 9.850 | 9.190 | 9.235 | -0.425 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.660 | 463177 | 2024-07-26 15:59:48 |
| 52wk High | 18.3 | 52wk High Date | 2023-08-28 |
| 52wk Low | 6.575 | 52wk Low Date | 2023-10-23 |
| Average Volume | 1,074,847 | Shares Outstanding | 98,384 |
| Assets | 577,322,000M | Liabilities | 66,783,000M |
| P/E Ratio | -8.14940000 |