Stock Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
89bio, Inc. (NASDAQ:ETNB)
Weak Downtrend (-65) - ETNB is showing signs of a strengthening downtrend. Monitor ETNB as it may be building momentum to the downside.
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 Jul 7th, 2020 at 33.24
The intermediate-term trend has been DOWN since Sep 15th, 2020 at 31.75
The short-term trend has been DOWN since Sep 15th, 2020 at 31.75
Smart Scan Analysis for ETNB
Based on our trend formula, ETNB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||47.2532||52wk High Date||2020-03-04|
|52wk Low||14.0001||52wk Low Date||2020-03-18|
|Average Volume||84,432||Shares Outstanding||16,854|