TCRT Technical Analysis - ALAUNOS THERAPEUTICS INC

Technical Rating and Analysis

Taking everything into account, TCRT scores 0 out of 10 in our technical rating. TCRT 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.

86% of all other stocks performed better in the past year than TCRT.

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.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

TCRT is an average performer in the Biotechnology industry, it outperforms 46% of 540 stocks in the same industry.

In the last month TCRT has a been trading in the 1.67 - 2.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ALAUNOS THERAPEUTICS INC / TCRT Weekly stock chart

ALAUNOS THERAPEUTICS INC / TCRT Daily stock chart

Setup Rating and Analysis

TCRT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.78

2.41

We found 2 important support areas.

A support zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

Resistance @2.39 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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 TCRT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TCRT is down.
ChartMill Relative Strength	14.23	NEGATIVE	TCRT has a low relative strength, it was outperformed by 85.77% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of TCRT is above 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)	DOWN	NEGATIVE	The current price of TCRT is below a declining SMA(200).
Relative Strength Index/RSI (14)	48.13	NEUTRAL	The RSI value for TCRT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.08	POSITIVE	The MACD value suggests TCRT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	60.11	NEUTRAL	The Stochastics value for TCRT is a neutral value.
Average True Range in percent/ATR (20)	11.76	HIGH VOLATILITY	The high ATR as a percentage value for TCRT suggests high volalility.
Average Directional Index/ADX (14)	19.92	NEGATIVE	The low ADX value for TCRT suggests a weak or negative trend.