TELESIS BIO INC (TBIO) Stock Technical Analysis
NASDAQ:TBIO - Nasdaq - US1920032000 - Common Stock - Currency: USD
Taking everything into account, TBIO scores 0 out of 10 in our technical rating. TBIO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than TBIO.
TBIO is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 77% of 55 stocks in the same industry do better.
TBIO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TBIO is lagging the market.
TBIO has an average volume of 1892090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TBIO has a been trading in the 1.27 - 5.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
TBIO has a poor technical rating and the quality of the setup is also not perfect 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
3.20
4.95
2 important resistance areas can be observed.
- Resistance @4.07 from a trend line in the daily time frame.
- Resistance @4.90 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for TBIO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBIO is neutral. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | TBIO has a low relative strength, it was outperformed by 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TBIO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TBIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for TBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests TBIO has a positive trend. |
| Stochastics (14,3) | 48.97 | NEUTRAL | The Stochastics value for TBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 25.38 | HIGH VOLATILITY | The high ATR as a percentage value for TBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.07 | POSITIVE | The high ADX value value for TBIO suggests a strong trend. |
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)
3.23
-0.76 (-19.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-19.05%
1 Week4.53%
2 Weeks101.88%
1 Month-3.87%
3 Month-11.51%
6 Month-59.22%
12 Month-82.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%25.38%
ATR Inc142.2%
Range Today0.76
ADR(20)0.6
ADR(20)%18.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.07
Mansfield-5.95
10 Day High5.17
10 Day Low1.27
20 Day High5.17
20 Day Low1.27
52 Week High21.06
52 Week Low1.27
CS1 EndN/A
CR1 Start4.07
Volume & EV
DER(3)-2.61%
DER(5)-3.89%
Volume1.91M
Volume Incr124.03%
Vol(5)6.36M
Vol(50)1.89M