TARSUS PHARMACEUTICALS INC (TARS) Technical Analysis
NASDAQ:TARS • US87650L1035
Current stock price
64.51 USD
-1.46 (-2.21%)
At close:
64.51 USD
0 (0%)
After Hours:
TARS Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TARS. TARS 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.
- In the last month TARS has a been trading in the 61.51 - 74.39 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, TARS turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- TARS is an average performer in the Pharmaceuticals industry, it outperforms 59% of 191 stocks in the same industry.
- TARS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TARS is lagging the market.
TARS Weekly and Daily overview Charts
TARS Setup Rating and Analysis
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
TARS Support and Resistance Analysis
53.16
74.55
We found 3 important support areas.
- Support @61.99 from a horizontal line in the daily time frame.
- A support zone ranging from 60.77 to 60.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.70 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @65.13 from a trend line in the daily time frame.
- A resistance zone ranging from 68.62 to 70.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.56 to 73.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
TARS 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 | NEUTRAL | NEUTRAL | The long term trend for TARS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TARS is down. |
| ChartMill Relative Strength | 61.46 | NEUTRAL | TARS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TARS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TARS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TARS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.79 | NEUTRAL | The RSI value for TARS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests TARS has a negative trend. |
| Stochastics (14,3) | 17.25 | OVERSOLD | The low Stochastics value suggests TARS may be oversold. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for TARS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for TARS suggests a weak or negative trend. |
TARS Chart- and CandleStick Pattern Analysis
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)
TARS Technicals: Chart, Performance Metrics, Trend & Indicators
64.51
-1.46 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.21%
1 Week-12.6%
2 Weeks-6.18%
1 Month0.59%
3 Month-5.63%
6 Month-2.35%
12 Month29.02%
2 Year105.25%
3 Year332.37%
5 Year109.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.92
ATR(20)%5%
ATR Inc-16.37%
Range Today2.69
ADR(20)3.1
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.46
3 months CRS29.49
6 months CRS37.77
Mansfield-0.13
10 Day High74.39
10 Day Low63.3
20 Day High74.39
20 Day Low61.51
52 Week High85.25
52 Week Low38.51
CS1 End61.99
CR1 Start65.13
Volume & EV
DER(3)2.36%
DER(5)0.73%
Volume717.12K
Volume Incr28.09%
Vol(5)580.01K
Vol(50)562.91K
TARSUS PHARMACEUTICALS INC / TARS TA FAQ
Can you provide the ChartMill technical rating for TARSUS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 2 / 10 to TARS.
Can you provide the trend direction for TARSUS PHARMACEUTICALS INC?
The current trend direction for TARSUS PHARMACEUTICALS INC (TARS) is Bearish.
What is the RSI signal for TARS stock?
TARSUS PHARMACEUTICALS INC (TARS) has an RSI value of 36.7891. This indicates that the stock is currently neutral.
What is the short term momentum for TARS stock?
The short term momentum for TARSUS PHARMACEUTICALS INC (TARS) is negative.