TSCAN THERAPEUTICS INC (TCRX) Technical Analysis
NASDAQ:TCRX • US89854M1018
Current stock price
TCRX Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to TCRX. TCRX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, TCRX is a bad performer in the overall market: 77% of all stocks are doing 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TCRX is part of the Biotechnology industry. There are 516 other stocks in this industry, TCRX did better than 41% of them.
- In the last month TCRX has a been trading in the 0.92 - 1.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
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
7 important support areas can be observed.
- A support zone ranging from 1.18 to 1.19. 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 1.10 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.03 from a trend line in the weekly time frame.
- Support @0.98 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 @1.39 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for TCRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCRX is up. |
| ChartMill Relative Strength | 23.91 | NEGATIVE | TCRX has a low relative strength, it was outperformed by 76.09% 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) | 59.85 | NEUTRAL | The RSI value for TCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TCRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.42 | NEUTRAL | The Stochastics value for TCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for TCRX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.86 | NEUTRAL | The ADX value for TCRX suggests a possible start of a new trend. |
TCRX Chart- and CandleStick Pattern Analysis
TCRX Technicals: Chart, Performance Metrics, Trend & Indicators
1.26
+0.06 (+5%)
TSCAN THERAPEUTICS INC / TCRX TA FAQ
What is the ChartMill technical rating of TSCAN THERAPEUTICS INC (TCRX) stock?
ChartMill assigns a technical rating of 6 / 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 59.8527. 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 0.021151, indicating a bearish trend.
What is the short term momentum for TCRX stock?
The short term momentum for TSCAN THERAPEUTICS INC (TCRX) is positive.