TAKEDA PHARMACEUTIC-SP ADR (TAK) Technical Analysis
NYSE:TAK • US8740602052
Current stock price
TAK Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to TAK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TAK is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TAK did better than 78% of all other stocks.
- TAK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TAK is leading the market.
- In the last month TAK has a been trading in the 17.71 - 18.89 range, which is quite wide. It is currently trading near the high of this range.
- TAK has an average volume of 2990340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TAK is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, TAK did better than 64% of them.
TAK Weekly and Daily overview Charts
TAK Setup Rating and Analysis
Although TAK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TAK Support and Resistance Analysis
13.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.54 to 18.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.59 to 13.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.76 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
TAK Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TAK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TAK is up. |
| ChartMill Relative Strength | 78.62 | POSITIVE | TAK has a high relative strength, it outperformed 78.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TAK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TAK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TAK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.41 | NEUTRAL | The RSI value for TAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TAK has a positive trend. |
| Stochastics (14,3) | 89.01 | OVERBOUGHT | The high Stochastics value suggests TAK may be overbought. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for TAK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for TAK suggests a weak or negative trend. |
TAK Chart- and CandleStick Pattern Analysis
TAK Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.81 | 17.77 | 1.04 (5.53%) | 18.09% |
| An entry @18.81. This is a Buy Stop order right above the resistance zone. | An exit @17.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.04 points, which is 5.53%. | When investing 18.09% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TAK Technicals: Chart, Performance Metrics, Trend & Indicators
18.74
-0.03 (-0.16%)
TAKEDA PHARMACEUTIC-SP ADR / TAK TA FAQ
What is the technical rating for TAK stock?
ChartMill assigns a technical rating of 9 / 10 to TAK.
What is the trend direction for TAK stock?
The current trend direction for TAKEDA PHARMACEUTIC-SP ADR (TAK) is Bullish.
What is the RSI signal for TAKEDA PHARMACEUTIC-SP ADR (TAK) stock?
TAKEDA PHARMACEUTIC-SP ADR (TAK) has an RSI value of 61.4109. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TAKEDA PHARMACEUTIC-SP ADR?
The MACD indicator for TAKEDA PHARMACEUTIC-SP ADR (TAK) has a value of 0.0535665, indicating a bearish trend.
Can you provide the buy/sell signal for TAKEDA PHARMACEUTIC-SP ADR?
The buy/sell signal for TAKEDA PHARMACEUTIC-SP ADR (TAK) is buy as both the short term and long term trends are positive.