TRICIDA INC (TCDA) Technical Analysis
NASDAQ:TCDA • US89610F1012
Current stock price
TCDA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TCDA. 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.
- When comparing the yearly performance of all stocks, TCDA is a bad performer in the overall market: 100% of all stocks are doing better.
- TCDA is one of the lesser performing stocks in the Pharmaceuticals industry. 90% of 191 stocks in the same industry do better.
- TCDA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- 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
When analyzing the resistance we notice one important 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 trend direction for TCDA stock?
The current trend direction for TRICIDA INC (TCDA) is Bearish.
What is the RSI signal for TCDA stock?
TRICIDA INC (TCDA) has an RSI value of 24.4024. This indicates that the stock is currently oversold.
What is the short term momentum for TCDA stock?
The short term momentum for TRICIDA INC (TCDA) is negative.
What is the buy/sell signal for TRICIDA INC (TCDA) stock?
The buy/sell signal for TRICIDA INC (TCDA) is sell as both the short term and long term trends are negative.