We assign a technical rating of 6 out of 10 to TALK. TALK has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, TALK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.07, 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.
More info and screens
2.50
We found 3 important support areas.
- A support zone ranging from 3.03 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.83 from a trend line in the daily time frame.
- Support @2.53 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @3.34 from a trend line in the weekly time frame.
- Resistance @3.42 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 | NEUTRAL | NEUTRAL | The short term trend for TALK is neutral. |
| ChartMill Relative Strength | 64.91 | NEUTRAL | TALK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TALK is below a declining 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) | DOWN | MIXED | The current price of TALK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.98 | NEUTRAL | The RSI value for TALK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TALK has a negative trend. |
| Stochastics (14,3) | 32.86 | NEUTRAL | The Stochastics value for TALK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for TALK suggests high volalility. |
| Average Directional Index/ADX (14) | 20.14 | 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 |
|---|---|---|---|
| 3.35 | 3.06 | 0.29 (8.66%) | 11.55% |
| An entry @3.35. This is a Buy Stop order right above the resistance zone. | An exit @3.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.29 points, which is 8.66%. | When investing 11.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
3.17
-0.03 (-0.94%)
TALKSPACE INC / TALK FAQ
What is the technical rating for TALK stock?
ChartMill assigns a technical rating of 6 / 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 49.9787. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TALKSPACE INC?
The MACD indicator for TALKSPACE INC (TALK) has a value of -0.031824, indicating a bearish trend.
What is the short term momentum for TALK stock?
The short term momentum for TALKSPACE INC (TALK) is neutral.