THIRD HARMONIC BIO INC (THRD) Stock Technical Analysis
NASDAQ:THRD - Nasdaq - US88427A1079 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to THRD. Recently some decent action could be observed, but in the medium term time frame this is still negative. THRD was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, THRD is a bad performer in the overall market: 84% of all stocks are doing better.
THRD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
THRD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
THRD is part of the Pharmaceuticals industry. There are 199 other stocks in this industry, THRD did better than 46% of them.
Although the technical rating is only medium, THRD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.17. Right above this resistance zone may be a good entry point.
More info and screens
3.39
12.69
We found 2 important support areas.
- A support zone ranging from 5.13 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.42 to 3.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.17 to 5.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.56 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.91
Mansfield-4.8
10 Day High5.2
10 Day Low3.47
20 Day High5.2
20 Day Low3.3
52 Week High16.94
52 Week Low3.18
Performance
1 Week-0.39%
2 Weeks48.13%
1 Month47.28%
3 Month-5.17%
6 Month-60.91%
12 Month-52.54%
2 Year13.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)79.11
LBB2.98
UBB6.13
5.14
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week-0.39%
2 Weeks48.13%
1 Month47.28%
3 Month-5.17%
6 Month-60.91%
12 Month-52.54%
2 Year13.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%4.01%
ATR Inc-85.31%
Range Today0.03
ADR(20)0.14
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.91
Mansfield-4.8
10 Day High5.2
10 Day Low3.47
20 Day High5.2
20 Day Low3.3
52 Week High16.94
52 Week Low3.18
CS1 End5.13
CR1 Start5.17
Volume & EV
DER(3)-6.9%
DER(5)-6.25%
Volume167.70K
Volume Incr-58.86%
Vol(5)463.50K
Vol(50)709.17K