Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) Dropped -0.7% – Here’s Why

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After completing its last trading session, Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) dropped by -0.7% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 33.494, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.013, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.261, an Accumulation/Distribution Index (ADI) of 1.261, an On-Balance Volume (OBV) of 10372.77, and a Chaiikin Money Flow (CMF) of -62.0. 1.01

Now let’s take all these indicators into account. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.