TECTONIC THERAPEUTIC INC (TECX) Stock Technical Analysis
USA - NASDAQ:TECX - US8789721086 - Common Stock
We assign a technical rating of 3 out of 10 to TECX. Recently some decent action could be observed, but in the medium term time frame this is still negative. TECX was also a bad performer in the overall market in the last year.
TECX 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 very little resistance above the current price. We notice that large players showed an interest for TECX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
14.52
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.80 to 16.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.44 from a horizontal line in the daily time frame.
- Support @14.67 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @18.89 from a trend line in the daily time frame.
- A resistance zone ranging from 19.32 to 19.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TECX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TECX is up. |
| ChartMill Relative Strength | 6.89 | NEGATIVE | TECX has a low relative strength, it was outperformed by 93.11% 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) | DOWN | NEGATIVE | The current price of TECX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.75 | NEUTRAL | The RSI value for TECX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TECX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.32 | NEUTRAL | The Stochastics value for TECX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.86 | HIGH VOLATILITY | The high ATR as a percentage value for TECX suggests high volalility. |
| Average Directional Index/ADX (14) | 39.82 | POSITIVE | The high ADX value value for TECX suggests a strong trend. |
18.86
-0.12 (-0.63%)
TECTONIC THERAPEUTIC INC / TECX FAQ
What is the technical rating for TECX stock?
ChartMill assigns a technical rating of 3 / 10 to TECX.
What is the trend direction for TECX stock?
The current trend direction for TECTONIC THERAPEUTIC INC (TECX) is Bearish.
What is the RSI signal for TECTONIC THERAPEUTIC INC (TECX) stock?
TECTONIC THERAPEUTIC INC (TECX) has an RSI value of 55.7531. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TECTONIC THERAPEUTIC INC?
The MACD indicator for TECTONIC THERAPEUTIC INC (TECX) has a value of 0.137363, indicating a bearish trend.
What is the short term momentum for TECTONIC THERAPEUTIC INC (TECX) stock?
The short term momentum for TECTONIC THERAPEUTIC INC (TECX) is positive.