TAKEDA PHARMACEUTIC-SP ADR (TAK) Stock Technical Analysis
NYSE:TAK - New York Stock Exchange, Inc. - US8740602052 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to TAK. TAK has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month TAK has a been trading in the 14.56 - 15.53 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TAK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TAK is lagging the market slightly.
TAK has an average volume of 2154780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TAK outperforms 50% of them, which is more or less in line with the market.
TAK is an average performer in the Pharmaceuticals industry, it outperforms 60% of 193 stocks in the same industry.
The technical rating of TAK is bad and it also does not present a quality setup 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
12.46
15.62
We found 3 important support areas.
- Support @14.12 from a trend line in the daily time frame.
- Support @13.87 from a horizontal line in the daily time frame.
- A support zone ranging from 12.59 to 12.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.83 to 15.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for TAK is neutral. |
| ChartMill Relative Strength | 50.09 | NEUTRAL | TAK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TAK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.41 | NEUTRAL | The RSI value for TAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TAK has a negative trend. |
| Stochastics (14,3) | 33.01 | NEUTRAL | The Stochastics value for TAK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for TAK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.23 | NEGATIVE | The low ADX value for TAK suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.68
-0.16 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.08%
1 Week-4.3%
2 Weeks-2.52%
1 Month-3.23%
3 Month5.76%
6 Month13.36%
12 Month9.23%
2 Year-3.8%
3 Year0.48%
5 Year-19.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.45%
ATR Inc48.21%
Range Today0.2
ADR(20)0.15
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.09
Mansfield-0.47
10 Day High15.53
10 Day Low14.62
20 Day High15.53
20 Day Low14.56
52 Week High15.53
52 Week Low12.8
CS1 End14.12
CR1 Start14.83
Volume & EV
DER(3)2.86%
DER(5)1.28%
Volume3.17M
Volume Incr15.05%
Vol(5)2.44M
Vol(50)2.15M