Taking everything into account, TALK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TALK is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- TALK 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 TALK is lagging the market slightly.
- In the last month TALK has a been trading in the 3.65 - 4.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- TALK has an average volume of 1332880 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, TALK turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- TALK is an average performer in the Health Care Providers & Services industry, it outperforms 66% of 102 stocks in the same industry.
Besides having an excellent technical rating, TALK also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TALK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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2.61
We found 4 important support areas.
- A support zone ranging from 3.95 to 4.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.63 to 3.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.46 to 3.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.64 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.09 from a horizontal line in the weekly time frame.
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 TALK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TALK is up. |
| ChartMill Relative Strength | 69.93 | NEUTRAL | TALK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TALK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TALK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TALK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.82 | NEUTRAL | The RSI value for TALK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TALK has a negative trend. |
| Stochastics (14,3) | 68.38 | NEUTRAL | The Stochastics value for TALK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TALK suggests some volalility. |
| Average Directional Index/ADX (14) | 22.95 | NEUTRAL | The ADX value for TALK suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.10 | 3.94 | 0.16 (3.90%) | 25.00% |
| An entry @4.10. This is a Buy Stop order right above the resistance zone. | An exit @3.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.16 points, which is 3.90%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TALK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.03
-0.09 (-2.18%)
TALKSPACE INC / TALK FAQ
What is the technical rating for TALK stock?
ChartMill assigns a technical rating of 8 / 10 to TALK.
Can you provide the trend direction for TALKSPACE INC?
The current trend direction for TALKSPACE INC (TALK) is Bullish.
What is the RSI signal for TALK stock?
TALKSPACE INC (TALK) has an RSI value of 57.8193. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TALKSPACE INC?
The buy/sell signal for TALKSPACE INC (TALK) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TALKSPACE INC (TALK) stock?
TALKSPACE INC (TALK) has a support level at 4 and a resistance level at 4.09. Check the full technical report for our detailed analysis of TALK support and resistance levels.