TELA BIO INC (TELA) Stock Technical Analysis
NASDAQ:TELA - Nasdaq - US8723811084 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TELA. TELA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TELA is a bad performer in the overall market: 98% of all stocks are doing better.
TELA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 87% of 189 stocks in the same industry do better.
TELA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TELA is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month TELA has a been trading in the 0.90 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TELA is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.98
2.60
When analyzing the support we notice one important area.
- Support @0.99 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @1.56 from a trend line in the weekly time frame.
- Resistance @2.27 from a trend line in the weekly time frame.
- Resistance @2.57 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.4
Mansfield-5.61
10 Day High1.4
10 Day Low0.93
20 Day High1.4
20 Day Low0.9
52 Week High6.06
52 Week Low0.86
Performance
1 Week35.71%
2 Weeks37.82%
1 Month41.49%
3 Month-51.1%
6 Month-55.81%
12 Month-77.26%
2 Year-86.87%
3 Year-80.97%
5 Year-90.33%
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)0.06
RSI(14)65.17
LBB0.84
UBB1.23
1.33
+0.18 (+15.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg15.65%
1 Week35.71%
2 Weeks37.82%
1 Month41.49%
3 Month-51.1%
6 Month-55.81%
12 Month-77.26%
2 Year-86.87%
3 Year-80.97%
5 Year-90.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.48%
ATR Inc91.16%
Range Today0.26
ADR(20)0.1
ADR(20)%7.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.4
Mansfield-5.61
10 Day High1.4
10 Day Low0.93
20 Day High1.4
20 Day Low0.9
52 Week High6.06
52 Week Low0.86
CS1 End0.99
CR1 Start1.56
Volume & EV
DER(3)4.12%
DER(5)3.77%
Volume396.70K
Volume Incr88.82%
Vol(5)173.76K
Vol(50)280.59K