TALARIS THERAPEUTICS INC (TALS) Technical Analysis
NASDAQ:TALS • US87410C1045
Current stock price
TALS Technical Rating and Analysis
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 517 other stocks in this industry. TALS outperforms 89% 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that TALS is one of the better performing stocks in the market, outperforming 97% of all 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.
TALS Weekly and Daily overview Charts
TALS Setup Rating and Analysis
Although the technical rating is bad, TALS 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 2.69, 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
TALS Support and Resistance Analysis
2.55
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.
TALS 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 | 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. |
TALS Chart- and CandleStick Pattern Analysis
TALS Technicals: Chart, Performance Metrics, Trend & Indicators
2.72
-0.02 (-0.73%)
TALARIS THERAPEUTICS INC / TALS TA FAQ
Can you provide the ChartMill technical rating for TALARIS THERAPEUTICS INC?
ChartMill assigns a technical rating of 2 / 10 to TALS.
What is the trend direction for TALS stock?
The current trend direction for TALARIS THERAPEUTICS INC (TALS) is Bearish.
What is the RSI signal for TALS stock?
TALARIS THERAPEUTICS INC (TALS) has an RSI value of 46.625. This indicates that the stock is currently neutral.
What is the short term momentum for TALARIS THERAPEUTICS INC (TALS) stock?
The short term momentum for TALARIS THERAPEUTICS INC (TALS) is neutral.