TALKSPACE INC (TALK) Technical Analysis
NASDAQ:TALK • US87427V1035
Current stock price
TALK Technical Rating and Analysis
We assign a technical rating of 10 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TALK is one of the better performing stocks in the market, outperforming 89% of all stocks.
- TALK is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 87% of 100 stocks in the same industry.
- TALK 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.
- TALK has an average volume of 4753060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TALK has a been trading in a tight range between 5.14 and 5.20.
- Considerably lower volume is observed in the last couple of days.
TALK Weekly and Daily overview Charts
TALK Setup Rating and Analysis
Besides having an excellent technical rating, TALK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TALK Support and Resistance Analysis
3.90
We found 4 important support areas.
- A support zone ranging from 5.12 to 5.18. 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 4.46 to 4.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.20 from a trend line in the daily time frame.
- Support @3.94 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.19 to 5.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
TALK Technical Indicator Signal Analysis
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 | 89.25 | POSITIVE | TALK has a high relative strength, it outperformed 89.25% 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) | 62.93 | NEUTRAL | The RSI value for TALK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TALK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65 | NEUTRAL | The Stochastics value for TALK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for TALK suggests low volalility. |
| Average Directional Index/ADX (14) | 30.54 | POSITIVE | The high ADX value value for TALK suggests a strong trend. |
TALK Chart- and CandleStick Pattern Analysis
TALK Example Setup
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 |
|---|---|---|---|
| 5.22 | 5.15 | 0.07 (1.34%) | 25.00% |
| An entry @5.22. This is a Buy Stop order right above the resistance zone. | An exit @5.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 1.34%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- 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.
TALK Technicals: Chart, Performance Metrics, Trend & Indicators
5.18
+0.01 (+0.19%)
TALKSPACE INC / TALK TA FAQ
What is the technical rating for TALK stock?
ChartMill assigns a technical rating of 10 / 10 to TALK.
What is the current trend direction of TALKSPACE INC (TALK) stock?
The current trend direction for TALKSPACE INC (TALK) is Bullish.
What is the RSI signal for TALKSPACE INC (TALK) stock?
TALKSPACE INC (TALK) has an RSI value of 62.9265. This indicates that the stock is currently neutral.
What is the MACD signal for TALKSPACE INC (TALK) stock?
The MACD indicator for TALKSPACE INC (TALK) has a value of -0.0210444, indicating a bearish trend.
What is the buy/sell signal for TALKSPACE INC (TALK) stock?
The buy/sell signal for TALKSPACE INC (TALK) is buy as both the short term and long term trends are positive.