PROTARA THERAPEUTIC INC (TARA) Technical Analysis
NASDAQ:TARA • US74365U1079
Current stock price
TARA Technical Rating and Analysis
Taking everything into account, TARA scores 1 out of 10 in our technical rating. TARA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month TARA has a been trading in the 4.80 - 6.56 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- TARA has an average volume of 1123800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, TARA turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- TARA is an average performer in the Biotechnology industry, it outperforms 52% of 517 stocks in the same industry.
- TARA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TARA is lagging the market slightly.
TARA Weekly and Daily overview Charts
TARA Setup Rating and Analysis
TARA has a poor technical rating and the quality of the setup is also not perfect 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
TARA Support and Resistance Analysis
4.00
2 important support areas can be observed.
- A support zone ranging from 4.84 to 4.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.04 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @5.02 from a trend line in the daily time frame.
- Resistance @5.32 from a horizontal line in the daily time frame.
- Resistance @6.78 from a trend line in the weekly time frame.
- Resistance @7.27 from a horizontal line in the daily time frame.
- Resistance @7.56 from a horizontal line in the daily time frame.
TARA 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 | DOWN | NEGATIVE | The long term trend for TARA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TARA is down. |
| ChartMill Relative Strength | 58.39 | NEUTRAL | TARA is not amongst the best or worst performers 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) | 36.04 | NEUTRAL | The RSI value for TARA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TARA has a negative trend. |
| Stochastics (14,3) | 9.91 | OVERSOLD | The low Stochastics value suggests TARA may be oversold. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for TARA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.2 | NEUTRAL | The ADX value for TARA suggests a possible start of a new trend. |
TARA Chart- and CandleStick Pattern Analysis
TARA Technicals: Chart, Performance Metrics, Trend & Indicators
4.85
-0.09 (-1.82%)
PROTARA THERAPEUTIC INC / TARA TA FAQ
What is the technical rating for TARA stock?
ChartMill assigns a technical rating of 1 / 10 to TARA.
What is the current trend direction of PROTARA THERAPEUTIC INC (TARA) stock?
The current trend direction for PROTARA THERAPEUTIC INC (TARA) is Bearish.
What is the RSI signal for TARA stock?
PROTARA THERAPEUTIC INC (TARA) has an RSI value of 36.0369. This indicates that the stock is currently neutral.
What is the short term momentum for PROTARA THERAPEUTIC INC (TARA) stock?
The short term momentum for PROTARA THERAPEUTIC INC (TARA) is negative.
Can you provide the buy/sell signal for PROTARA THERAPEUTIC INC?
The buy/sell signal for PROTARA THERAPEUTIC INC (TARA) is sell as both the short term and long term trends are negative.