We assign a technical rating of 2 out of 10 to TCRT. Although TCRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- TCRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month TCRT has a been trading in the 2.34 - 3.65 range, which is quite wide. It is currently trading near the lows of this range.
- TCRT is part of the Biotechnology industry. There are 525 other stocks in this industry. TCRT outperforms 72% of them.
- When comparing the yearly performance of all stocks, we notice that TCRT is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Considerably lower volume is observed in the last couple of days.
The technical rating of TCRT 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
2.10
We found 3 important support areas.
- Support @2.62 from a horizontal line in the weekly time frame.
- Support @2.33 from a horizontal line in the daily time frame.
- Support @2.12 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.64 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.97 from a trend line in the weekly time frame.
- Resistance @4.13 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 | DOWN | NEGATIVE | The long term trend for TCRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCRT is down. |
| ChartMill Relative Strength | 88.28 | POSITIVE | TCRT has a high relative strength, it outperformed 88.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TCRT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.73 | NEUTRAL | The RSI value for TCRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TCRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.94 | OVERSOLD | The low Stochastics value suggests TCRT may be oversold. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for TCRT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for TCRT suggests a weak or negative trend. |
2.63
+0.29 (+12.39%)
ALAUNOS THERAPEUTICS INC / TCRT FAQ
What is the ChartMill technical rating of ALAUNOS THERAPEUTICS INC (TCRT) stock?
ChartMill assigns a technical rating of 2 / 10 to TCRT.
Can you provide the trend direction for ALAUNOS THERAPEUTICS INC?
The current trend direction for ALAUNOS THERAPEUTICS INC (TCRT) is Bearish.
What is the RSI signal for TCRT stock?
ALAUNOS THERAPEUTICS INC (TCRT) has an RSI value of 42.7322. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ALAUNOS THERAPEUTICS INC?
The short term momentum for ALAUNOS THERAPEUTICS INC (TCRT) is negative.
What are the support and resistance levels for ALAUNOS THERAPEUTICS INC (TCRT) stock?
ALAUNOS THERAPEUTICS INC (TCRT) has a support level at 2.62 and a resistance level at 2.64. Check the full technical report for our detailed analysis of TCRT support and resistance levels.