TECTONIC THERAPEUTIC INC (TECX) Stock Technical Analysis
NASDAQ:TECX - US8789721086 - Common Stock
25.54 USD
-0.03 (-0.12%)
25.54 USD
0 (0%)
Overall TECX gets a technical rating of 8 out of 10. TECX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
TECX 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.
TECX is one of the better performing stocks in the Biotechnology industry, it outperforms 76% of 542 stocks in the same industry.
In the last month TECX has a been trading in the 20.00 - 27.33 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TECX is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
Although TECX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
18.73
26.83
3 important support areas can be observed.
- A support zone ranging from 22.26 to 22.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.88 from a horizontal line in the daily time frame.
- Support @18.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.18 to 26.56. 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 | NEUTRAL | NEUTRAL | The long term trend for TECX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TECX is up. |
| ChartMill Relative Strength | 84.05 | POSITIVE | TECX has a high relative strength, it outperformed 84.05% 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) | 57.87 | NEUTRAL | The RSI value for TECX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TECX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.94 | NEUTRAL | The Stochastics value for TECX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for TECX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for TECX suggests a weak or negative trend. |
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)
25.54
-0.03 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.12%
1 Week-2.44%
2 Weeks8.63%
1 Month23.2%
3 Month18.74%
6 Month1.03%
12 Month33.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.49
ATR(20)%6.03%
ATR Inc-19.91%
Range Today0.78
ADR(20)1.53
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.05
Mansfield-2.17
10 Day High27.33
10 Day Low23.07
20 Day High27.33
20 Day Low20
52 Week High61.07
52 Week Low13.7
CS1 End22.41
CR1 Start26.18
Volume & EV
DER(3)-0.82%
DER(5)-0.57%
Volume80.20K
Volume Incr-60%
Vol(5)92.50K
Vol(50)223.53K