TAKEDA PHARMACEUTIC-SP ADR (TAK) Stock Technical Analysis
NYSE:TAK - US8740602052 - ADR
15.16 USD
+0.17 (+1.13%)
15.12 USD
-0.04 (-0.26%)
Overall TAK gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TAK is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
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.
In the last month TAK has a been trading in the 14.19 - 15.55 range, which is quite wide. It is currently trading near the high of this range.
TAK has an average volume of 3800250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TAK turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
TAK is an average performer in the Pharmaceuticals industry, it outperforms 54% of 195 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
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
12.47
15.69
When analyzing the support we can see 6 important areas.
- A support zone ranging from 14.79 to 15.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.38 from a trend line in the weekly time frame.
- A support zone ranging from 13.59 to 13.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 13.25 to 13.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.91 from a horizontal line in the weekly time frame.
- Support @12.60 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Strong resistance @15.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.53 to 15.53. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for TAK is up. |
| ChartMill Relative Strength | 42.61 | NEUTRAL | TAK is not amongst the best or worst performers 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) | 57.14 | NEUTRAL | The RSI value for TAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TAK has a positive trend. |
| Stochastics (14,3) | 49.47 | NEUTRAL | The Stochastics value for TAK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for TAK suggests low volalility. |
| Average Directional Index/ADX (14) | 16.67 | 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)
15.16
+0.17 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.13%
1 Week0.6%
2 Weeks0%
1 Month6.31%
3 Month1.34%
6 Month-0.07%
12 Month2.36%
2 Year-2%
3 Year16.89%
5 Year-15.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.24%
ATR Inc-16.39%
Range Today0.14
ADR(20)0.12
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.61
Mansfield-0.23
10 Day High15.56
10 Day Low14.78
20 Day High15.56
20 Day Low14.19
52 Week High15.56
52 Week Low12.8
CS1 End15.14
CR1 Start15.17
Volume & EV
DER(3)-2.27%
DER(5)-0.46%
Volume2.43M
Volume Incr-57.89%
Vol(5)2.14M
Vol(50)3.80M