TAKEDA PHARMACEUTIC-SP ADR (TAK) Stock Technical Analysis
NYSE:TAK - New York Stock Exchange, Inc. - US8740602052 - ADR - Currency: USD
Overall TAK gets a technical rating of 8 out of 10. Both in the recent history as in the last year, TAK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TAK did better than 70% of all other stocks.
TAK is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 74% of 195 stocks in the same industry.
TAK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TAK has a been trading in the 13.85 - 15.42 range, which is quite wide. It is currently trading near the high of this range.
TAK has an average volume of 2293900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although TAK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.47
15.55
We found 4 important support areas.
- A support zone ranging from 14.98 to 15.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.72 to 14.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.70 to 13.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.40 to 15.40. 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 | 70.63 | POSITIVE | TAK has a high relative strength, it outperformed 70.63% 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) | 65.44 | NEUTRAL | The RSI value for TAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TAK has a positive trend. |
| Stochastics (14,3) | 94.16 | OVERBOUGHT | The high Stochastics value suggests TAK may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for TAK suggests low volalility. |
| Average Directional Index/ADX (14) | 21.35 | 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)
15.39
+0.22 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.45%
1 Week2.67%
2 Weeks3.99%
1 Month12.25%
3 Month2.53%
6 Month14.68%
12 Month17.48%
2 Year-2.04%
3 Year9.62%
5 Year-14.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.13%
ATR Inc17.02%
Range Today0.16
ADR(20)0.14
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.63
Mansfield0.35
10 Day High15.42
10 Day Low14.88
20 Day High15.42
20 Day Low13.85
52 Week High15.43
52 Week Low12.58
CS1 End15.33
CR1 Start15.4
Volume & EV
DER(3)3.47%
DER(5)0.82%
Volume3.03M
Volume Incr-7.83%
Vol(5)2.03M
Vol(50)2.29M