We assign a technical rating of 10 out of 10 to TARS. Both in the recent history as in the last year, TARS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TARS has an excellent technical rating, it does not present a decent entry opportunity 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
45.80
4 important support areas can be observed.
- A support zone ranging from 73.93 to 74.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @72.53 from a horizontal line in the daily time frame.
- Support @71.25 from a trend line in the daily time frame.
- Support @46.26 from a trend line in the weekly 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 TARS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TARS is up. |
| ChartMill Relative Strength | 92.84 | POSITIVE | TARS has a high relative strength, it outperformed 92.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TARS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TARS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TARS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.57 | NEUTRAL | The RSI value for TARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests TARS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.01 | OVERBOUGHT | The high Stochastics value suggests TARS may be overbought. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for TARS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.26 | NEUTRAL | The ADX value for TARS suggests a possible start of a new trend. |
79.96
-0.54 (-0.67%)
TARSUS PHARMACEUTICALS INC / TARS FAQ
Can you provide the ChartMill technical rating for TARSUS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 10 / 10 to TARS.
What is the current trend direction of TARSUS PHARMACEUTICALS INC (TARS) stock?
The current trend direction for TARSUS PHARMACEUTICALS INC (TARS) is Bullish.
Can you provide the RSI signal for TARSUS PHARMACEUTICALS INC?
TARSUS PHARMACEUTICALS INC (TARS) has an RSI value of 66.573. This indicates that the stock is currently neutral.
What is the MACD signal for TARS stock?
The MACD indicator for TARSUS PHARMACEUTICALS INC (TARS) has a value of 0.48888, indicating a bearish trend.
What is the short term momentum for TARS stock?
The short term momentum for TARSUS PHARMACEUTICALS INC (TARS) is positive.