Overall TARA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TARA is showing a nice and steady performance.
Although TARA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.03
When analyzing the support we can see 3 important areas.
- Support @4.67 from a trend line in the daily time frame.
- Support @4.22 from a horizontal line in the daily time frame.
- Support @3.06 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 | UP | POSITIVE | The long term trend for TARA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TARA is up. |
| ChartMill Relative Strength | 98.84 | POSITIVE | TARA has a high relative strength, it outperformed 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TARA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TARA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TARA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.43 | OVERBOUGHT | The high RSI value suggests TARA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests TARA has a positive trend. |
| Stochastics (14,3) | 88.13 | OVERBOUGHT | The high Stochastics value suggests TARA may be overbought. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for TARA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.73 | POSITIVE | The high ADX value value for TARA suggests a strong trend. |
7.26
+0.82 (+12.73%)
PROTARA THERAPEUTIC INC / TARA FAQ
What is the technical rating for TARA stock?
ChartMill assigns a technical rating of 10 / 10 to TARA.
Can you provide the trend direction for PROTARA THERAPEUTIC INC?
The current trend direction for PROTARA THERAPEUTIC INC (TARA) is Bullish.
What is the RSI signal for TARA stock?
PROTARA THERAPEUTIC INC (TARA) has an RSI value of 75.4277. This indicates that the stock is currently overbought.
What is the MACD signal for PROTARA THERAPEUTIC INC (TARA) stock?
The MACD indicator for PROTARA THERAPEUTIC INC (TARA) has a value of 0.21154, indicating a bearish trend.
Can you provide the short term momentum for PROTARA THERAPEUTIC INC?
The short term momentum for PROTARA THERAPEUTIC INC (TARA) is positive.