THIRD HARMONIC BIO INC (THRD) Stock Technical Analysis
NASDAQ:THRD - Nasdaq - US88427A1079 - Common Stock - Currency: USD
Taking everything into account, THRD scores 5 out of 10 in our technical rating. 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: 68% 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. Certainly not because the S&P500 Index is trading near new highs.
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 195 other stocks in this industry, THRD did better than 52% of them.
In the last month THRD has a been trading in a tight range between 5.24 and 5.52.
THRD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
5.08
5.54
We found 1 important support area.
- A support zone ranging from 5.13 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.43 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 | UP | POSITIVE | The short term trend for THRD is up. |
| ChartMill Relative Strength | 32.38 | NEUTRAL | THRD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THRD is above the rising 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) | 65.73 | 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) | 44.68 | NEUTRAL | The Stochastics value for THRD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.96 | LOW VOLATILITY | The low ATR as a percentage value for THRD suggests low volalility. |
| Average Directional Index/ADX (14) | 53.64 | 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)
5.43
+0.01 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.18%
1 Week-0.37%
2 Weeks-0.91%
1 Month3.04%
3 Month56.03%
6 Month-50.77%
12 Month-53.63%
2 Year-23.41%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.96%
ATR Inc-45.39%
Range Today0.02
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
CRS32.38
Mansfield-4.21
10 Day High5.52
10 Day Low5.4
20 Day High5.52
20 Day Low5.24
52 Week High16.02
52 Week Low3.18
CS1 End5.24
CR1 Start5.44
Volume & EV
DER(3)0.65%
DER(5)1.44%
Volume37.80K
Volume Incr9.97%
Vol(5)278.40K
Vol(50)280.58K