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Stock Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

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.

NASDAQ_ETNB
Open High Low ETNB Price Change
8.620 8.685 8.190 8.480 -0.070
Entry Signal

MarketClub’s Trade Triangles for ETNB

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 7.64

intermediate term up The intermediate-term trend has been UP since Aug 26th, 2024 at 9.04

short term down The short-term trend has been DOWN since Sep 4th, 2024 at 8.77

Smart Scan Analysis for ETNB

Based on our trend formula, ETNB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ETNB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.620 8.685 8.190 8.480 -0.070
Prev. Close Volume Bid Ask Time
8.470 209070 2024-09-06 15:59:45
52wk High18.0652wk High Date2023-09-14
52wk Low6.57552wk Low Date2023-10-23
Average Volume444,733Shares Outstanding105,910
Assets582,138,000MLiabilities67,221,000M
P/E Ratio-8.14940000
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