TELA BIO INC (TELA)
US8723811084 - Common Stock
We assign a technical rating of 2 out of 10 to TELA. Recently some decent action could be observed, but in the medium term time frame this is still negative. TELA was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than TELA.
TELA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 66% of 193 stocks in the same industry do better.
TELA 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.
In the last month TELA has a been trading in the 4.30 - 6.10 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
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. 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
5.92
6.25
When analyzing the resistance we notice one important area.
- Resistance @6.19 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
CRS11.41
Mansfield-2.92
10 Day High6.1
10 Day Low4.54
20 Day High6.1
20 Day Low4.3
52 Week High11.26
52 Week Low4.23
Performance
1 Week24.58%
2 Weeks29.16%
1 Month15.67%
3 Month-17.86%
6 Month27.51%
12 Month-37.9%
2 Year-14.45%
3 Year-56.48%
5 YearN/A
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)0.2
RSI(14)70.45
LBB3.91
UBB6.1
TELA BIO INC
NASDAQ:TELA (5/15/2024, 7:11:46 PM)
After market: 5.98 0 (0%)5.98
+0.16 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.75%
1 Week24.58%
2 Weeks29.16%
1 Month15.67%
3 Month-17.86%
6 Month27.51%
12 Month-37.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%4.76%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.1
10 Day Low4.54
20 Day High6.1
20 Day Low4.3
52 Week High11.26
52 Week Low4.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume102.20K
Volume Incr-16.8%
Vol(5)187.76K
Vol(50)180.82K