Taking everything into account, TCRX scores 0 out of 10 in our technical rating. TCRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TCRX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.02
We can see 3 important resistance areas.
- Resistance @1.07 from a horizontal line in the daily time frame.
- Resistance @1.51 from a trend line in the weekly time frame.
- Resistance @1.66 from a trend line in the weekly 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 TCRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCRX is down. |
| ChartMill Relative Strength | 4.43 | NEGATIVE | TCRX has a low relative strength, it was outperformed by 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TCRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.17 | NEUTRAL | The RSI value for TCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TCRX has a positive trend. |
| Stochastics (14,3) | 72.79 | NEUTRAL | The Stochastics value for TCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.06 | HIGH VOLATILITY | The high ATR as a percentage value for TCRX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for TCRX suggests a strong trend. |
1.03
-0.03 (-2.83%)
TSCAN THERAPEUTICS INC / TCRX FAQ
What is the ChartMill technical rating of TSCAN THERAPEUTICS INC (TCRX) stock?
ChartMill assigns a technical rating of 0 / 10 to TCRX.
What is the trend direction for TCRX stock?
The current trend direction for TSCAN THERAPEUTICS INC (TCRX) is Bearish.
What is the RSI signal for TSCAN THERAPEUTICS INC (TCRX) stock?
TSCAN THERAPEUTICS INC (TCRX) has an RSI value of 47.1739. This indicates that the stock is currently neutral.
What is the MACD signal for TCRX stock?
The MACD indicator for TSCAN THERAPEUTICS INC (TCRX) has a value of 0.0300009, indicating a bearish trend.
What are the support and resistance levels for TSCAN THERAPEUTICS INC (TCRX) stock?
TSCAN THERAPEUTICS INC (TCRX) has a resistance level at 1.07. Check the full technical report for our detailed analysis of TCRX support and resistance levels.