TARO PHARMACEUTICAL INDUS (TARO)
IL0010827181 - Common Stock
We assign a technical rating of 8 out of 10 to TARO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TARO is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, TARO did better than 90% of all other stocks.
TARO is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 83% of 198 stocks in the same industry.
TARO 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 TARO is performing more or less in line with the market.
In the last month TARO has a been trading in a tight range between 41.85 and 42.49.
Considerably lower volume is observed in the last couple of days.
TARO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.31, a Stop Loss order could be placed below this zone.
More info and screens
39.69
43.77
We found 3 important support areas.
- A support zone ranging from 41.94 to 42.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.96 to 41.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @40.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.29 to 43.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.98
Mansfield0.11
10 Day High42.49
10 Day Low42
20 Day High42.49
20 Day Low41.85
52 Week High45.76
52 Week Low24.69
Performance
1 Week0.69%
2 Weeks0.83%
1 Month0.52%
3 Month-1.85%
6 Month29.63%
12 Month68.57%
2 Year8.23%
3 Year-42.61%
5 Year-60.45%
10 Year-62.18%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)60.02
LBB41.94
UBB42.41
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.50 | 41.99 | 0.51 (1.20%) | 25.00% |
| An entry @42.50. This is a Buy Stop order right above the 10 day high. | An exit @41.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.51 points, which is 1.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TARO PHARMACEUTICAL INDUS
NYSE:TARO (4/26/2024, 12:15:59 PM)
42.41
-0.07 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.16%
1 Week0.69%
2 Weeks0.83%
1 Month0.52%
3 Month-1.85%
6 Month29.63%
12 Month68.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%0.62%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.49
10 Day Low42
20 Day High42.49
20 Day Low41.85
52 Week High45.76
52 Week Low24.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.62K
Volume Incr-22.9%
Vol(5)20.82K
Vol(50)44.44K