TAKEDA PHARMACEUTIC-SP ADR (TAK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TAK - US8740602052 - ADR
Overall TAK gets a technical rating of 2 out of 10. 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.
Although the technical rating is bad, TAK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
12.47
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.22 to 13.60. 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.22 to 14.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.17 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 | NEUTRAL | NEUTRAL | The long term trend for TAK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAK is neutral. |
| ChartMill Relative Strength | 36.73 | NEUTRAL | TAK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TAK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TAK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TAK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.21 | NEUTRAL | The RSI value for TAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TAK has a negative trend. |
| Stochastics (14,3) | 48.51 | NEUTRAL | The Stochastics value for TAK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for TAK suggests low volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for TAK suggests a weak or negative trend. |
14.22
+0.04 (+0.28%)
TAKEDA PHARMACEUTIC-SP ADR / TAK FAQ
What is the ChartMill technical rating of TAKEDA PHARMACEUTIC-SP ADR (TAK) stock?
ChartMill assigns a technical rating of 2 / 10 to TAK.
What is the current trend direction of TAKEDA PHARMACEUTIC-SP ADR (TAK) stock?
The current trend direction for TAKEDA PHARMACEUTIC-SP ADR (TAK) is Bearish.
What is the RSI signal for TAK stock?
TAKEDA PHARMACEUTIC-SP ADR (TAK) has an RSI value of 51.2053. This indicates that the stock is currently neutral.
What is the MACD signal for TAK stock?
The MACD indicator for TAKEDA PHARMACEUTIC-SP ADR (TAK) has a value of -0.00136007, indicating a bearish trend.