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 0 out of 10 to TAK. TAK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TAK is a bad performer in the overall market: 72% of all stocks are doing better.
TAK has an average volume of 3220030 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 194 other stocks in this industry, TAK did better than 54% of them.
TAK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TAK is lagging the market slightly.
In the last month TAK has a been trading in the 13.49 - 15.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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 1 important support area.
- 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 14.57 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 | DOWN | NEGATIVE | The long term trend for TAK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TAK is down. |
| ChartMill Relative Strength | 28.34 | NEGATIVE | TAK has a low relative strength, it was outperformed by 71.66% off all stocks 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 | NEGATIVE | The current price of TAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.08 | NEUTRAL | The RSI value for TAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TAK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.63 | NEUTRAL | The Stochastics value for TAK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for TAK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for TAK suggests a possible start of a new 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)
14.16
+0.44 (+3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.21%
1 Week-2.21%
2 Weeks-1.87%
1 Month-7.69%
3 Month-7.57%
6 Month5.75%
12 Month0.57%
2 Year-8.05%
3 Year2.98%
5 Year-23.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%2.08%
ATR Inc50.19%
Range Today0.17
ADR(20)0.23
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.34
Mansfield-0.72
10 Day High14.86
10 Day Low13.49
20 Day High15.26
20 Day Low13.49
52 Week High15.53
52 Week Low12.8
CS1 End12.6
CR1 Start14.57
Volume & EV
DER(3)-4.72%
DER(5)-3%
Volume6.28M
Volume Incr187.05%
Vol(5)9.35M
Vol(50)3.22M