Taking everything into account, THAR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, THAR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that THAR is one of the better performing stocks in the market, outperforming 97% of all stocks.
- THAR is part of the Biotechnology industry. There are 525 other stocks in this industry. THAR outperforms 91% of them.
- In the last month THAR has a been trading in the 2.71 - 5.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- THAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THAR 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.
Although THAR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.23
We found 5 important support areas.
- Support @2.98 from a trend line in the daily time frame.
- A support zone ranging from 2.79 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.66 from a trend line in the weekly time frame.
- Support @2.57 from a trend line in the daily time frame.
- Support @2.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.73 from a trend 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 | UP | POSITIVE | The long term trend for THAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THAR is up. |
| ChartMill Relative Strength | 97.54 | POSITIVE | THAR has a high relative strength, it outperformed 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THAR is above 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) | 81.08 | OVERBOUGHT | The high RSI value suggests THAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests THAR has a positive trend. |
| Stochastics (14,3) | 89.32 | OVERBOUGHT | The high Stochastics value suggests THAR may be overbought. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for THAR suggests high volalility. |
| Average Directional Index/ADX (14) | 42.18 | POSITIVE | The high ADX value value for THAR suggests a strong trend. |
4.89
+0.42 (+9.4%)
THARIMMUNE INC / THAR FAQ
Can you provide the ChartMill technical rating for THARIMMUNE INC?
ChartMill assigns a technical rating of 10 / 10 to THAR.
What is the current trend direction of THARIMMUNE INC (THAR) stock?
The current trend direction for THARIMMUNE INC (THAR) is Bullish.
Can you provide the RSI signal for THARIMMUNE INC?
THARIMMUNE INC (THAR) has an RSI value of 81.0833. This indicates that the stock is currently overbought.
What is the short term momentum for THAR stock?
The short term momentum for THARIMMUNE INC (THAR) is positive.
What is the support and resistance level for THAR stock?
THARIMMUNE INC (THAR) has a support level at 2.98 and a resistance level at 5.73. Check the full technical report for our detailed analysis of THAR support and resistance levels.