We assign a technical rating of 8 out of 10 to THAR. In the last year, THAR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although THAR has an excellent technical rating, it does not present a decent entry opportunity 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 2 important support areas.
- Support @2.33 from a trend line in the daily time frame.
- Support @2.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @5.77 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 | NEUTRAL | NEUTRAL | The long term trend for THAR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THAR is up. |
| ChartMill Relative Strength | 92.33 | POSITIVE | THAR has a high relative strength, it outperformed 92.33% 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) | 70.46 | OVERBOUGHT | The high RSI value suggests THAR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests THAR has a positive trend. |
| Stochastics (14,3) | 82.92 | OVERBOUGHT | The high Stochastics value suggests THAR may be overbought. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for THAR suggests high volalility. |
| Average Directional Index/ADX (14) | 39.83 | POSITIVE | The high ADX value value for THAR suggests a strong trend. |
3.38
+0.35 (+11.55%)
THARIMMUNE INC / THAR FAQ
Can you provide the ChartMill technical rating for THARIMMUNE INC?
ChartMill assigns a technical rating of 8 / 10 to THAR.
What is the current trend direction of THARIMMUNE INC (THAR) stock?
The current trend direction for THARIMMUNE INC (THAR) is Bearish.
Can you provide the RSI signal for THARIMMUNE INC?
THARIMMUNE INC (THAR) has an RSI value of 70.4567. 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 2.33 and a resistance level at 5.77. Check the full technical report for our detailed analysis of THAR support and resistance levels.