TSCAN THERAPEUTICS INC (TCRX)

US89854M1018 - Common Stock

7  +0.08 (+1.16%)

Technical Rating and Analysis

8

Overall TCRX gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month TCRX has a been trading in the 6.58 - 9.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that TCRX is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by TCRX over the past year are nicely spread over this period.
TCRX is part of the Biotechnology industry. There are 588 other stocks in this industry. TCRX outperforms 94% of them.
TCRX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TCRX is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
TCRX Weekly chart
TCRX Daily chart
Setup Rating and Analysis

3

Although TCRX has an excellent technical rating, it 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.

Support and Resistance Analysis

5.83

7.89

We found 5 important support areas.

  • A support zone ranging from 6.86 to 6.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.74 from a horizontal line in the daily time frame.
  • Support @6.63 from a trend line in the daily time frame.
  • Support @6.50 from a trend line in the weekly time frame.
  • Support @5.89 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 7.49 to 7.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 7.76 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.12
Mansfield4.92
10 Day High8.12
10 Day Low6.58
20 Day High9
20 Day Low6.58
52 Week High9
52 Week Low1.62
Performance
1 Week-11.28%
2 Weeks-2.4%
1 Month-1.28%
3 Month28.39%
6 Month119.68%
12 Month180.16%
2 Year221.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)45.12
LBB6.63
UBB8.03
TCRX Daily chart

TSCAN THERAPEUTICS INC

NASDAQ:TCRX (4/19/2024, 12:24:45 PM)

7

+0.08 (+1.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.16%
1 Week-11.28%
2 Weeks-2.4%
1 Month-1.28%
3 Month28.39%
6 Month119.68%
12 Month180.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.51
ATR(20)%8.32%
ATR Inc
Range Today0.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.12
10 Day Low6.58
20 Day High9
20 Day Low6.58
52 Week High9
52 Week Low1.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume93.68K
Volume Incr110.69%
Vol(5)448.32K
Vol(50)216.85K