The Chart of the Day belongs to Enanta Pharmaceutical (ENTA).I found the biotechnology stock by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts of consistent price appreciation. Since the Trend Spotter signaled a buy on 12/13 the stock gained 44.83%.

Enanta Pharmaceuticals, Inc. is a biotechnology company. It engages in the research and development of molecule drugs for the treatment of infectious diseases such as hepatitis C virus, respiratory tract infections, intravenous and oral treatments. Enanta Pharmaceuticals, Inc. is headquartered in Watertown, Massachusetts.

Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 175.06+ Weighted Alpha
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving aerages
  • 14 new highs and up 32.03% in the last month
  • Relative Strength Index 93.49%
  • Technical support level at 73.04
  • Recently traded ta 78.24 with a 50 day moving average of 56.23

    • Fundamental factors:

  • Market Cap$ 1.42 billion
  • Revenue and Earnings consensuses are all over the map
  • Wall Street analysts issued 2 strong buy and 2 hold recommendations on the stock
  • The individual investors following the stock on Motley Foll voted 86 to 3 that the stock will beat the market
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