TELOMIR PHARMACEUTICALS INC (TELO) Technical Analysis
NASDAQ:TELO • US87975F1049
Current stock price
TELO Technical Rating and Analysis
Overall TELO gets a technical rating of 6 out of 10. TELO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, TELO is a bad performer in the overall market: 79% of all stocks are doing better.
- TELO 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TELO has a been trading in the 1.14 - 1.50 range, which is quite wide. It is currently trading near the high of this range.
- TELO is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, TELO did better than 44% of them.
- Volume is considerably higher in the last couple of days.
TELO Weekly and Daily overview Charts
TELO Setup Rating and Analysis
Although the technical rating is only medium, TELO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.46. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
TELO Support and Resistance Analysis
1.17
When analyzing the support we can see 4 important areas.
- Support @1.45 from a trend line in the daily time frame.
- A support zone ranging from 1.31 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.27 from a trend line in the weekly time frame.
- Support @1.18 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.46 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
TELO Technical Indicator Signal Analysis
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 TELO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TELO is up. |
| ChartMill Relative Strength | 21.94 | NEGATIVE | TELO has a low relative strength, it was outperformed by 78.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TELO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TELO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TELO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.93 | NEUTRAL | The RSI value for TELO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TELO has a positive trend. |
| Stochastics (14,3) | 84.89 | OVERBOUGHT | The high Stochastics value suggests TELO may be overbought. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for TELO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for TELO suggests a weak or negative trend. |
TELO Chart- and CandleStick Pattern Analysis
TELO Example Setup
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 |
|---|---|---|---|
| 1.50 | 1.44 | 0.06 (4.00%) | 25.00% |
| An entry @1.50. This is a Buy Stop order right above the resistance zone. | An exit @1.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 4.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TELO. 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.
TELO Technicals: Chart, Performance Metrics, Trend & Indicators
1.45
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TELOMIR PHARMACEUTICALS INC / TELO TA FAQ
Can you provide the ChartMill technical rating for TELOMIR PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 6 / 10 to TELO.
What is the current trend direction of TELOMIR PHARMACEUTICALS INC (TELO) stock?
The current trend direction for TELOMIR PHARMACEUTICALS INC (TELO) is Bearish.
What is the RSI signal for TELOMIR PHARMACEUTICALS INC (TELO) stock?
TELOMIR PHARMACEUTICALS INC (TELO) has an RSI value of 59.9261. This indicates that the stock is currently neutral.
What is the short term momentum for TELOMIR PHARMACEUTICALS INC (TELO) stock?
The short term momentum for TELOMIR PHARMACEUTICALS INC (TELO) is positive.
What is the support and resistance level for TELO stock?
TELOMIR PHARMACEUTICALS INC (TELO) has a support level at 1.45 and a resistance level at 1.46. Check the full technical report for our detailed analysis of TELO support and resistance levels.