TCR2 THERAPEUTICS INC (TCRR) Technical Analysis
NASDAQ:TCRR • US87808K1060
Current stock price
TCRR Technical Rating and Analysis
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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- TCRR is an average performer in the Biotechnology industry, it outperforms 43% of 517 stocks in the same industry.
TCRR Weekly and Daily overview Charts
TCRR Setup Rating and Analysis
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
TCRR Support and Resistance Analysis
1.47
We can see 3 important resistance areas.
- 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.
TCRR 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 | 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. |
TCRR Chart- and CandleStick Pattern Analysis
TCRR Technicals: Chart, Performance Metrics, Trend & Indicators
1.48
-0.09 (-5.73%)
TCR2 THERAPEUTICS INC / TCRR TA FAQ
What is the technical rating for TCRR stock?
ChartMill assigns a technical rating of 1 / 10 to TCRR.
What is the trend direction for TCRR stock?
The current trend direction for TCR2 THERAPEUTICS INC (TCRR) is Bearish.
Can you provide the RSI signal for TCR2 THERAPEUTICS INC?
TCR2 THERAPEUTICS INC (TCRR) has an RSI value of 27.3377. This indicates that the stock is currently oversold.
What is the short term momentum for TCRR stock?
The short term momentum for TCR2 THERAPEUTICS INC (TCRR) is negative.