TCR2 THERAPEUTICS INC (TCRR) Stock Technical Analysis
NASDAQ:TCRR - Nasdaq - US87808K1060 - Common Stock - Currency: USD
Overall TCRR gets a technical rating of 1 out of 10. TCRR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TCRR is a bad performer in the overall market: 70% of all stocks are doing better.
TCRR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TCRR is lagging the market.
In the last month TCRR has a been trading in the 1.48 - 2.04 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.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TCRR is an average performer in the Biotechnology industry, it outperforms 67% of 558 stocks in the same industry.
The technical rating of TCRR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.47
1.95
3 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.83 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.93 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 | NEUTRAL | NEUTRAL | The long term trend for TCRR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCRR is down. |
| ChartMill Relative Strength | 30.95 | NEUTRAL | TCRR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCRR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TCRR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCRR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.34 | OVERSOLD | The low RSI value suggests TCRR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TCRR has a negative trend. |
| Stochastics (14,3) | 6.49 | OVERSOLD | The low Stochastics value suggests TCRR may be oversold. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for TCRR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.21 | POSITIVE | The high ADX value value for TCRR 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)
1.48
-0.09 (-5.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.73%
1 Week-14.45%
2 Weeks-21.28%
1 Month-17.32%
3 Month22.31%
6 Month4.96%
12 Month-38.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.54%
ATR Inc22.74%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.95
Mansfield-2.53
10 Day High1.94
10 Day Low1.48
20 Day High2.04
20 Day Low1.48
52 Week High3.88
52 Week Low0.82
CS1 EndN/A
CR1 Start1.49
Volume & EV
DER(3)-11.14%
DER(5)-4.9%
Volume3.91M
Volume Incr350.35%
Vol(5)1.12M
Vol(50)336.02K