TALKSPACE INC (TALK) Stock Technical Analysis
USA - NASDAQ:TALK - US87427V1035 - Common Stock
We assign a technical rating of 9 out of 10 to TALK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TALK is showing a nice and steady performance.
Although TALK has an excellent technical rating, it does not offer a high 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
2.46
2 important support areas can be observed.
- Support @2.70 from a trend line in the daily time frame.
- Support @2.48 from a trend 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 | 83.7 | POSITIVE | TALK has a high relative strength, it outperformed 83.7% off all stocks 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) | 70.77 | OVERBOUGHT | The high RSI value suggests TALK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TALK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.44 | OVERBOUGHT | The high Stochastics value suggests TALK may be overbought. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for TALK suggests high volalility. |
| Average Directional Index/ADX (14) | 33.65 | POSITIVE | The high ADX value value for TALK suggests a strong trend. |
3.39
-0.05 (-1.45%)
TALKSPACE INC / TALK FAQ
What is the technical rating for TALK stock?
ChartMill assigns a technical rating of 9 / 10 to TALK.
What is the trend direction for TALK stock?
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 70.7707. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TALKSPACE INC?
The MACD indicator for TALKSPACE INC (TALK) has a value of 0.067564, indicating a bearish trend.
What is the short term momentum for TALK stock?
The short term momentum for TALKSPACE INC (TALK) is positive.