TARSUS PHARMACEUTICALS INC (TARS) Stock Technical Analysis
NASDAQ:TARS - Nasdaq - US87650L1035 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to TARS. Although TARS 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month TARS has a been trading in the 40.38 - 53.89 range, which is quite wide. It is currently trading near the lows of this range.
TARS is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 84% of 198 stocks in the same industry.
Looking at the yearly performance, TARS did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TARS 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 TARS is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of TARS is bad and it also does not present a quality setup 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
30.37
52.88
When analyzing the support we can see 3 important areas.
- Support @43.69 from a horizontal line in the weekly time frame.
- A support zone ranging from 41.28 to 41.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @49.12 from a trend line in the weekly time frame.
- Resistance @50.78 from a trend line in the daily time frame.
- A resistance zone ranging from 51.75 to 52.36. 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
CRS81.81
Mansfield0.53
10 Day High48.32
10 Day Low40.38
20 Day High53.89
20 Day Low40.38
52 Week High57.28
52 Week Low20.08
Performance
1 Week1.83%
2 Weeks-6.23%
1 Month-7.22%
3 Month-5.92%
6 Month-6.7%
12 Month28.56%
2 Year168.72%
3 Year227.35%
5 YearN/A
10 YearN/A
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)-0.4
RSI(14)44.67
LBB40.39
UBB51.61
45.01
+1.31 (+3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3%
1 Week1.83%
2 Weeks-6.23%
1 Month-7.22%
3 Month-5.92%
6 Month-6.7%
12 Month28.56%
2 Year168.72%
3 Year227.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.46
ATR(20)%5.04%
ATR Inc-41.3%
Range Today1.74
ADR(20)2.23
ADR(20)%4.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.81
Mansfield0.53
10 Day High48.32
10 Day Low40.38
20 Day High53.89
20 Day Low40.38
52 Week High57.28
52 Week Low20.08
CS1 End43.69
CR1 Start49.12
Volume & EV
DER(3)3.88%
DER(5)3.19%
Volume570.10K
Volume Incr48.5%
Vol(5)987.60K
Vol(50)731.31K