Free Daily Analysis
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.
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MarketClub’s Trade Triangles for ETNB
The long-term trend has been DOWN since Dec 19th, 2024 at 7.000
The intermediate-term trend has been DOWN since Dec 13th, 2024 at 7.675
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).
| 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 High | 16.63 | 52wk High Date | 2024-03-04 |
| 52wk Low | 6.43 | 52wk Low Date | 2024-12-19 |
| Average Volume | 1,267,176 | Shares Outstanding | 106,126 |
| Assets | 458,297,000M | Liabilities | 80,195,000M |
| P/E Ratio | -8.14940000 |