Taking everything into account, TARA scores 4 out of 10 in our technical rating. In the last year, TARA was one of the better performers, but we do observe some doubts in the very recent evolution.
TARA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.31
When analyzing the support we can see 5 important areas.
- Support @5.17 from a horizontal line in the daily time frame.
- Support @4.92 from a trend line in the weekly time frame.
- Support @4.22 from a horizontal line in the daily time frame.
- Support @3.58 from a trend line in the weekly time frame.
- Support @3.34 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @6.02 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 | DOWN | NEGATIVE | The short term trend for TARA is down. |
| ChartMill Relative Strength | 88.89 | POSITIVE | TARA has a high relative strength, it outperformed 88.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TARA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TARA is below a declining 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) | 41.67 | NEUTRAL | The RSI value for TARA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests TARA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.8 | OVERSOLD | The low Stochastics value suggests TARA may be oversold. |
| Average True Range in percent/ATR (20) | 10.39 | HIGH VOLATILITY | The high ATR as a percentage value for TARA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.52 | NEUTRAL | The ADX value for TARA suggests a possible start of a new trend. |
5.27
+0.09 (+1.74%)
PROTARA THERAPEUTIC INC / TARA FAQ
What is the technical rating for TARA stock?
ChartMill assigns a technical rating of 4 / 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 41.6713. This indicates that the stock is currently neutral.
What is the MACD signal for PROTARA THERAPEUTIC INC (TARA) stock?
The MACD indicator for PROTARA THERAPEUTIC INC (TARA) has a value of -0.173559, 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 negative.