We assign a technical rating of 8 out of 10 to TCRT. In the last year, TCRT was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Besides having an excellent technical rating, TCRT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.44. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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1.95
4 important support areas can be observed.
- Support @3.15 from a horizontal line in the daily time frame.
- A support zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.41 from a horizontal line in the daily time frame.
- A support zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.44 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.56 from a horizontal 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 | UP | POSITIVE | The long term trend for TCRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCRT is up. |
| ChartMill Relative Strength | 92.16 | POSITIVE | TCRT has a high relative strength, it outperformed 92.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.08 | NEUTRAL | The RSI value for TCRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TCRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.82 | NEUTRAL | The Stochastics value for TCRT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.86 | HIGH VOLATILITY | The high ATR as a percentage value for TCRT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.55 | POSITIVE | The high ADX value value for TCRT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.50 | 3.14 | 0.36 (10.29%) | 9.72% |
| An entry @3.50. This is a Buy Stop order right above the resistance zone. | An exit @3.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 10.29%. | When investing 9.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TCRT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.34
-0.02 (-0.6%)
ALAUNOS THERAPEUTICS INC / TCRT FAQ
What is the ChartMill technical rating of ALAUNOS THERAPEUTICS INC (TCRT) stock?
ChartMill assigns a technical rating of 8 / 10 to TCRT.
What is the trend direction for TCRT stock?
The current trend direction for ALAUNOS THERAPEUTICS INC (TCRT) is Bullish.
What is the RSI signal for TCRT stock?
ALAUNOS THERAPEUTICS INC (TCRT) has an RSI value of 58.0795. This indicates that the stock is currently neutral.
What is the MACD signal for TCRT stock?
The MACD indicator for ALAUNOS THERAPEUTICS INC (TCRT) has a value of 0.0431385, indicating a bearish trend.
What is the buy/sell signal for TCRT stock?
The buy/sell signal for ALAUNOS THERAPEUTICS INC (TCRT) is buy as both the short term and long term trends are positive.