TALARIS THERAPEUTICS INC (TALS) Stock Technical Analysis
NASDAQ:TALS - Nasdaq - US87410C1045 - Common Stock - Currency: USD
Overall TALS gets a technical rating of 3 out of 10. Although TALS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
TALS is part of the Biotechnology industry. There are 558 other stocks in this industry. TALS outperforms 96% of them.
TALS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TALS is performing more or less in line with the market.
In the last month TALS has a been trading in the 2.53 - 3.13 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, TALS did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TALS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
2.55
3.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.67 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.94 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.99 to 3.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.08 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for TALS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TALS is neutral. |
| ChartMill Relative Strength | 97.24 | POSITIVE | TALS has a high relative strength, it outperformed 97.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TALS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TALS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TALS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for TALS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TALS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.33 | NEUTRAL | The Stochastics value for TALS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for TALS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for TALS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.72
-0.02 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.73%
1 Week0.74%
2 Weeks1.49%
1 Month-5.88%
3 Month-11.69%
6 Month10.57%
12 Month91.55%
2 Year-83.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.58%
ATR Inc-9.34%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield2.05
10 Day High3.13
10 Day Low2.53
20 Day High3.13
20 Day Low2.53
52 Week High3.29
52 Week Low0.89
CS1 End2.69
CR1 Start2.94
Volume & EV
DER(3)-6.75%
DER(5)-1.14%
Volume305.20K
Volume Incr225.69%
Vol(5)375.36K
Vol(50)144.48K