Tetra Bio Pharma Inc (TBP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TBP - CA88166Y1007 - Common Stock
Taking everything into account, TBP scores 1 out of 10 in our technical rating. TBP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TBP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
More info and screens
0.02
We found 1 important support area.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TBP.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TBP.CA is neutral. |
| ChartMill Relative Strength | 13.55 | NEGATIVE | TBP.CA has a low relative strength, it was outperformed by 86.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TBP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TBP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TBP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.17 | NEUTRAL | The RSI value for TBP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TBP.CA has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for TBP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 19 | HIGH VOLATILITY | The high ATR as a percentage value for TBP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.71 | POSITIVE | The high ADX value value for TBP.CA suggests a strong trend. |
TSX:TBP (3/6/2023, 7:00:00 PM)
0.025
0 (0%)
Tetra Bio Pharma Inc / TBP.CA FAQ
What is the technical rating for TBP stock?
ChartMill assigns a technical rating of 1 / 10 to TBP.CA.
What is the current trend direction of Tetra Bio Pharma Inc (TBP.CA) stock?
The current trend direction for Tetra Bio Pharma Inc (TBP.CA) is Bearish.
Can you provide the RSI signal for Tetra Bio Pharma Inc?
Tetra Bio Pharma Inc (TBP.CA) has an RSI value of 52.1742. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Tetra Bio Pharma Inc?
The MACD indicator for Tetra Bio Pharma Inc (TBP.CA) has a value of 0.000129206, indicating a bearish trend.
Can you provide the support and resistance levels for Tetra Bio Pharma Inc?
Tetra Bio Pharma Inc (TBP.CA) has a support level at 0.02. Check the full technical report for our detailed analysis of TBP.CA support and resistance levels.