TARSUS PHARMACEUTICALS INC (TARS)
US87650L1035 - Common Stock
Taking everything into account, TARS scores 6 out of 10 in our technical rating. In the last year, TARS was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TARS has a been trading in the 31.26 - 38.46 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that TARS is one of the better performing stocks in the market, outperforming 96% of all stocks.
TARS is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 93% of 198 stocks in the same industry.
TARS 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 TARS is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
TARS has only a medium technical rating, but it does show 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 32.03, a Stop Loss order could be placed below this zone.
More info and screens
31.38
39.61
We found 1 important support area.
- A support zone ranging from 31.70 to 32.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 33.26 to 33.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.36 from a horizontal line in the weekly time frame.
- Resistance @39.22 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.41
Mansfield3.59
10 Day High36.73
10 Day Low31.26
20 Day High38.46
20 Day Low31.26
52 Week High40.4
52 Week Low12.57
Performance
1 Week-1.23%
2 Weeks-11.42%
1 Month-11.86%
3 Month24.19%
6 Month132.85%
12 Month114.75%
2 Year74.99%
3 Year4.3%
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)-0.46
RSI(14)42.14
LBB30.51
UBB37.94
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 |
|---|---|---|---|
| 33.93 | 31.69 | 2.24 (6.60%) | 15.15% |
| An entry @33.93. This is a Buy Stop order right above the resistance zone. | An exit @31.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.24 points, which is 6.60%. | For a 1.00% total portfolio risk, you can invest 15.15% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TARS. Please evaluate whether better entry and exit points can be found.
- 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.
TARSUS PHARMACEUTICALS INC
NASDAQ:TARS (4/26/2024, 7:18:39 PM)
After market: 32.04 0 (0%)32.04
-0.17 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.53%
1 Week-1.23%
2 Weeks-11.42%
1 Month-11.86%
3 Month24.19%
6 Month132.85%
12 Month114.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.93
ATR(20)%5.53%
ATR Inc
Range Today1.95
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 High36.73
10 Day Low31.26
20 Day High38.46
20 Day Low31.26
52 Week High40.4
52 Week Low12.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume381.00K
Volume Incr-44.38%
Vol(5)317.88K
Vol(50)706.87K