TELA BIO INC (TELA) Stock Technical Analysis
NASDAQ:TELA - Nasdaq - US8723811084 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TELA. In the past year, TELA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
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.
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.
TELA is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. TELA outperforms 89% of them.
In the last month TELA has a been trading in the 1.56 - 2.20 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TELA did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TELA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TELA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TELA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for TELA 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
1.71
2.17
4 important support areas can be observed.
- Support @2.11 from a trend line in the daily time frame.
- A support zone ranging from 1.95 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.91 from a trend line in the daily time frame.
- Support @1.73 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.14 to 2.15. 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 TELA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TELA is up. |
| ChartMill Relative Strength | 86.88 | POSITIVE | TELA has a high relative strength, it outperformed 86.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TELA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TELA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TELA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.72 | NEUTRAL | The RSI value for TELA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TELA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.78 | NEUTRAL | The Stochastics value for TELA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for TELA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.6 | POSITIVE | The high ADX value value for TELA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.16 | 2.10 | 0.06 (2.78%) | 25.00% |
| An entry @2.16. This is a Buy Stop order right above the resistance zone. | An exit @2.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 2.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The distance between exit and entry is rather small compared to the average daily movement of TELA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TELA (7/18/2025, 8:15:10 PM)
2.13
+0.15 (+7.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg7.58%
1 Week6.5%
2 Weeks4.41%
1 Month27.54%
3 Month122.76%
6 Month-20.82%
12 Month-54%
2 Year-78.24%
3 Year-73.61%
5 Year-81.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%8.38%
ATR Inc-1.27%
Range Today0.19
ADR(20)0.17
ADR(20)%8.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.88
Mansfield-1.8
10 Day High2.2
10 Day Low1.92
20 Day High2.2
20 Day Low1.56
52 Week High4.78
52 Week Low0.86
CS1 End2.11
CR1 Start2.14
Volume & EV
DER(3)2.74%
DER(5)3.48%
Volume64.00K
Volume Incr-3.81%
Vol(5)69.38K
Vol(50)127.43K