TRICIDA INC (TCDA) Technical Analysis
NASDAQ:TCDA • US89610F1012
Current stock price
TCDA Technical Rating and Analysis
Taking everything into account, TCDA scores 0 out of 10 in our technical rating. TCDA 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than TCDA.
- TCDA is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 88% are performing better than TCDA.
- TCDA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TCDA is lagging the market.
- In the last month TCDA has a been trading in the 0.09 - 0.26 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TCDA has an average volume of 12720100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TCDA Weekly and Daily overview Charts
TCDA Setup Rating and Analysis
The technical rating of TCDA 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
TCDA Support and Resistance Analysis
0.11
We found 1 important resistance area.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
TCDA 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 | DOWN | NEGATIVE | The long term trend for TCDA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCDA is down. |
| ChartMill Relative Strength | 0.28 | NEGATIVE | TCDA has a low relative strength, it was outperformed by 99.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCDA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.4 | OVERSOLD | The low RSI value suggests TCDA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TCDA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 4.42 | OVERSOLD | The low Stochastics value suggests TCDA may be oversold. |
| Average True Range in percent/ATR (20) | 24.24 | HIGH VOLATILITY | The high ATR as a percentage value for TCDA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.64 | POSITIVE | The high ADX value value for TCDA suggests a strong trend. |
TCDA Chart- and CandleStick Pattern Analysis
TCDA Technicals: Chart, Performance Metrics, Trend & Indicators
0.108
-0.01 (-10%)
TRICIDA INC / TCDA TA FAQ
What is the ChartMill technical rating of TRICIDA INC (TCDA) stock?
ChartMill assigns a technical rating of 0 / 10 to TCDA.
What is the current trend direction of TRICIDA INC (TCDA) stock?
The current trend direction for TRICIDA INC (TCDA) is Bearish.
Can you provide the RSI signal for TRICIDA INC?
TRICIDA INC (TCDA) has an RSI value of 24.4024. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for TRICIDA INC?
The buy/sell signal for TRICIDA INC (TCDA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TRICIDA INC (TCDA) stock?
TRICIDA INC (TCDA) has a resistance level at 0.16. Check the full technical report for our detailed analysis of TCDA support and resistance levels.