TELESIS BIO INC (TBIO) Stock Technical Analysis
NASDAQ:TBIO - Nasdaq - US1920032000 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TBIO. TBIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TBIO is a bad performer in the overall market: 95% of all stocks are doing better.
TBIO is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, of which 87% are performing better than TBIO.
TBIO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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 only medium 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
We can see 2 important resistance areas.
- 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