Third Harmonic Bio Inc (THRD) Stock Technical Analysis
NASDAQ:THRD - Nasdaq - US88427A1079 - Common Stock - Currency: USD
Taking everything into account, THRD scores 2 out of 10 in our technical rating. THRD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, THRD is a bad performer in the overall market: 91% of all stocks are doing better.
THRD is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 71% are performing better than THRD.
THRD 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.
In the last month THRD has a been trading in a tight range between 5.34 and 5.53.
Volume is considerably higher in the last couple of days.
THRD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.37, a Stop Loss order could be placed below this zone.
More info and screens
5.09
5.54
2 important support areas can be observed.
- A support zone ranging from 5.32 to 5.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.42 to 5.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for THRD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for THRD is neutral. |
| ChartMill Relative Strength | 9.29 | NEGATIVE | THRD has a low relative strength, it was outperformed by 90.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of THRD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.99 | NEUTRAL | The RSI value for THRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests THRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.86 | OVERSOLD | The low Stochastics value suggests THRD may be oversold. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for THRD suggests low volalility. |
| Average Directional Index/ADX (14) | 36.07 | POSITIVE | The high ADX value value for THRD 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)
5.38
0 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.09%
1 Week-0.92%
2 Weeks-1.65%
1 Month-0.55%
3 Month4.06%
6 Month2.28%
12 Month-51.58%
2 Year-24.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.85%
ATR Inc33.08%
Range Today0.08
ADR(20)0.05
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.29
Mansfield-3.99
10 Day High5.53
10 Day Low5.35
20 Day High5.53
20 Day Low5.35
52 Week High16.02
52 Week Low3.18
CS1 End5.37
CR1 Start5.42
Volume & EV
DER(3)1.54%
DER(5)1.73%
Volume1.42M
Volume Incr128.52%
Vol(5)478.02K
Vol(50)264.95K