THARIMMUNE INC (THAR) Technical Analysis
NASDAQ:THAR • US4327053090
Taking everything into account, THAR scores 9 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!
- THAR is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 520 stocks in the same industry.
- 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. However, this overall performance is mostly based on the strong move around 7 months ago.
- THAR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so THAR is lagging the market slightly.
- In the last month THAR has a been trading in the 2.71 - 5.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
2.67
We found 3 important support areas.
- A support zone ranging from 3.28 to 3.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.83 from a trend line in the weekly time frame.
- Support @2.70 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.75 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.90 from a horizontal line in the weekly time frame.
- Resistance @5.28 from a trend line in the daily time frame.
- Resistance @5.70 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 | 97.18 | POSITIVE | THAR has a high relative strength, it outperformed 97.18% 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) | 61.16 | NEUTRAL | The RSI value for THAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests THAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.37 | NEUTRAL | The Stochastics value for THAR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.49 | HIGH VOLATILITY | The high ATR as a percentage value for THAR suggests high volalility. |
| Average Directional Index/ADX (14) | 40.64 | POSITIVE | The high ADX value value for THAR suggests a strong trend. |
THAR Technicals: Chart, Performance Metrics, Trend & Indicators
4.74
+0.26 (+5.8%)
THARIMMUNE INC / THAR FAQ
Can you provide the ChartMill technical rating for THARIMMUNE INC?
ChartMill assigns a technical rating of 9 / 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 61.162. This indicates that the stock is currently neutral.
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 3.28 and a resistance level at 4.75. Check the full technical report for our detailed analysis of THAR support and resistance levels.