THARIMMUNE INC (THAR) Stock Technical Analysis
USA - NASDAQ:THAR - US4327053090 - Common Stock
2.88 USD
-0.28 (-8.86%)
2.96 USD
+0.08 (+2.78%)
Taking everything into account, THAR scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, THAR has proven to be a steady performer, scoring decent points in every aspect analyzed.
THAR 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
THAR is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 536 stocks in the same industry.
THAR has an average volume of 12807600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that THAR is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month THAR has a been trading in the 2.53 - 3.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although THAR has an excellent technical rating, it does not offer a high 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
2.62
3.24
We found 2 important support areas.
- Support @2.87 from a horizontal line in the weekly time frame.
- Support @2.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.99 to 3.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.19 to 3.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for THAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for THAR is neutral. |
| ChartMill Relative Strength | 91.98 | POSITIVE | THAR has a high relative strength, it outperformed 91.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of THAR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of THAR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.46 | NEUTRAL | The RSI value for THAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests THAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.94 | NEUTRAL | The Stochastics value for THAR is a neutral value. |
| Average True Range in percent/ATR (20) | 12.33 | HIGH VOLATILITY | The high ATR as a percentage value for THAR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.9 | POSITIVE | The high ADX value value for THAR 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)
2.88
-0.28 (-8.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.86%
1 Week-8.86%
2 Weeks-5.57%
1 Month8.27%
3 Month70.41%
6 Month154.89%
12 Month31.51%
2 Year-95.06%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%12.33%
ATR Inc20.82%
Range Today0.39
ADR(20)0.33
ADR(20)%11.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.98
Mansfield2.94
10 Day High3.52
10 Day Low2.78
20 Day High3.89
20 Day Low2.53
52 Week High9.08
52 Week Low0.95
CS1 End2.87
CR1 Start2.99
Volume & EV
DER(3)-1.06%
DER(5)-0.92%
Volume343.90K
Volume Incr-47.45%
Vol(5)323.64K
Vol(50)12.81M