TECTONIC THERAPEUTIC INC (TECX) Technical Analysis
NASDAQ:TECX • US8789721086
Current stock price
TECX Technical Rating and Analysis
Overall TECX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TECX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- TECX is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 518 stocks in the same industry.
- TECX 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 TECX is performing more or less in line with the market.
- In the last month TECX has a been trading in the 20.52 - 36.03 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, TECX did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TECX Weekly and Daily overview Charts
TECX Setup Rating and Analysis
Although TECX 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.
More info and screens
TECX Support and Resistance Analysis
20.39
2 important support areas can be observed.
- Support @22.60 from a trend line in the daily time frame.
- A support zone ranging from 20.60 to 20.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 35.88 to 35.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
TECX 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 | UP | POSITIVE | The long term trend for TECX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TECX is up. |
| ChartMill Relative Strength | 92.53 | POSITIVE | TECX has a high relative strength, it outperformed 92.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TECX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TECX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TECX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.83 | NEUTRAL | The RSI value for TECX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests TECX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.1 | OVERBOUGHT | The high Stochastics value suggests TECX may be overbought. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for TECX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.09 | POSITIVE | The high ADX value value for TECX suggests a strong trend. |
TECX Chart- and CandleStick Pattern Analysis
TECX Technicals: Chart, Performance Metrics, Trend & Indicators
33.31
-0.81 (-2.37%)
TECTONIC THERAPEUTIC INC / TECX TA FAQ
What is the technical rating for TECX stock?
ChartMill assigns a technical rating of 9 / 10 to TECX.
Can you provide the trend direction for TECTONIC THERAPEUTIC INC?
The current trend direction for TECTONIC THERAPEUTIC INC (TECX) is Bullish.
What is the RSI signal for TECTONIC THERAPEUTIC INC (TECX) stock?
TECTONIC THERAPEUTIC INC (TECX) has an RSI value of 68.8316. This indicates that the stock is currently neutral.
What is the short term momentum for TECTONIC THERAPEUTIC INC (TECX) stock?
The short term momentum for TECTONIC THERAPEUTIC INC (TECX) is positive.
Can you provide the buy/sell signal for TECTONIC THERAPEUTIC INC?
The buy/sell signal for TECTONIC THERAPEUTIC INC (TECX) is buy as both the short term and long term trends are positive.