Taking everything into account, TCRX scores 1 out of 10 in our technical rating. TCRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, TCRX is a bad performer in the overall market: 96% of all stocks are doing better.
- TCRX is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 79% are performing better than TCRX.
- 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 0.98 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TCRX 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 a support zone below the current price at 1.12, a Stop Loss order could be placed below this zone.
More info and screens
1.11
We found 1 important support area.
- A support zone ranging from 1.12 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.36 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 | NEUTRAL | NEUTRAL | The short term trend for TCRX is neutral. |
| ChartMill Relative Strength | 4.97 | NEGATIVE | TCRX has a low relative strength, it was outperformed by 95.03% 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) | DOWN | MIXED | The current price of TCRX is above 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) | 51.32 | NEUTRAL | The RSI value for TCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TCRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.31 | NEUTRAL | The Stochastics value for TCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for TCRX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for TCRX suggests a possible start of a new trend. |
1.13
-0.01 (-0.88%)
TSCAN THERAPEUTICS INC / TCRX FAQ
What is the ChartMill technical rating of TSCAN THERAPEUTICS INC (TCRX) stock?
ChartMill assigns a technical rating of 1 / 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.
What is the RSI signal for TSCAN THERAPEUTICS INC (TCRX) stock?
TSCAN THERAPEUTICS INC (TCRX) has an RSI value of 51.3222. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TSCAN THERAPEUTICS INC?
The short term momentum for TSCAN THERAPEUTICS INC (TCRX) is neutral.