TELOMIR PHARMACEUTICALS INC (TELO) Stock Technical Analysis
NASDAQ:TELO • US87975F1049
Overall TELO gets a technical rating of 0 out of 10. TELO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 91% of all other stocks performed better in the past year than TELO.
- TELO is one of the lesser performing stocks in the Pharmaceuticals industry. 70% of 192 stocks in the same industry do better.
- TELO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 TELO has a been trading in the 1.05 - 1.32 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 TELO 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
1.12
We found 1 important support area.
- Support @1.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.46 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for TELO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TELO is neutral. |
| ChartMill Relative Strength | 9.17 | NEGATIVE | TELO has a low relative strength, it was outperformed by 90.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TELO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TELO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TELO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.07 | NEUTRAL | The RSI value for TELO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TELO has a positive trend. |
| Stochastics (14,3) | 78.27 | NEUTRAL | The Stochastics value for TELO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for TELO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.83 | POSITIVE | The high ADX value value for TELO suggests a strong trend. |
1.29
+0.08 (+6.61%)
TELOMIR PHARMACEUTICALS INC / TELO FAQ
Can you provide the ChartMill technical rating for TELOMIR PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 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 TELO stock?
TELOMIR PHARMACEUTICALS INC (TELO) has an RSI value of 58.0667. This indicates that the stock is currently neutral.
What is the MACD signal for TELO stock?
The MACD indicator for TELOMIR PHARMACEUTICALS INC (TELO) has a value of 0.0197464, indicating a bearish trend.