TSCAN THERAPEUTICS INC (TCRX) Technical Analysis
NASDAQ:TCRX • US89854M1018
Current stock price
1.19 USD
+0.11 (+10.19%)
At close:
1.24 USD
+0.05 (+4.2%)
After Hours:
TCRX Technical Rating and Analysis
Overall TCRX gets a technical rating of 4 out of 10. In the past year, TCRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, TCRX is a bad performer in the overall market: 80% of all stocks are doing better.
- TCRX is one of the lesser performing stocks in the Biotechnology industry. 65% of 517 stocks in the same industry do better.
- TCRX 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 TCRX has a been trading in the 0.92 - 1.20 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TCRX Weekly and Daily overview Charts
TCRX Setup Rating and Analysis
TCRX has an average technical rating and it also does not offer a high 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
TCRX Support and Resistance Analysis
0.89
1.23
When analyzing the support we can see 6 important areas.
- A support zone ranging from 1.04 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.97 from a trend line in the weekly time frame.
- Support @0.95 from a trend line in the daily time frame.
- Support @0.93 from a horizontal line in the daily time frame.
- Support @0.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.22 from a horizontal line in the daily time frame.
TCRX 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 TCRX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCRX is up. |
| ChartMill Relative Strength | 20.7 | NEGATIVE | TCRX has a low relative strength, it was outperformed by 79.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCRX is above the rising 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) | 66.32 | NEUTRAL | The RSI value for TCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TCRX has a positive trend. |
| Stochastics (14,3) | 76.4 | NEUTRAL | The Stochastics value for TCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for TCRX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.96 | NEGATIVE | The low ADX value for TCRX suggests a weak or negative trend. |
TCRX Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TCRX Technicals: Chart, Performance Metrics, Trend & Indicators
1.19
+0.11 (+10.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.19%
1 Week13.33%
2 Weeks17.82%
1 Month14.42%
3 Month5.31%
6 Month-52.02%
12 Month-17.36%
2 Year-84.59%
3 Year-47.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.65%
ATR Inc22.21%
Range Today0.09
ADR(20)0.06
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.7
3 months CRS73.46
6 months CRS7.85
Mansfield-2.42
10 Day High1.2
10 Day Low1
20 Day High1.2
20 Day Low0.92
52 Week High2.57
52 Week Low0.88
CS1 End1.08
CR1 Start1.22
Volume & EV
DER(3)0.74%
DER(5)-0.73%
Volume1.30M
Volume Incr265.46%
Vol(5)2.40M
Vol(50)783.33K
TSCAN THERAPEUTICS INC / TCRX TA FAQ
What is the ChartMill technical rating of TSCAN THERAPEUTICS INC (TCRX) stock?
ChartMill assigns a technical rating of 4 / 10 to TCRX.
What is the current trend direction of TSCAN THERAPEUTICS INC (TCRX) stock?
The current trend direction for TSCAN THERAPEUTICS INC (TCRX) is Bearish.
Can you provide the RSI signal for TSCAN THERAPEUTICS INC?
TSCAN THERAPEUTICS INC (TCRX) has an RSI value of 66.3183. This indicates that the stock is currently neutral.
What is the MACD signal for TSCAN THERAPEUTICS INC (TCRX) stock?
The MACD indicator for TSCAN THERAPEUTICS INC (TCRX) has a value of 0.0136332, indicating a bearish trend.
What is the short term momentum for TCRX stock?
The short term momentum for TSCAN THERAPEUTICS INC (TCRX) is positive.