THERATECHNOLOGIES INC (THTX) Stock Technical Analysis
NASDAQ:THTX - Nasdaq - CA88338H7040 - Common Stock - Currency: USD
Overall THTX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, THTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, THTX did better than 94% of all other stocks. On top of that, THTX also shows a nice and consistent pattern of rising prices.
THTX is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 556 stocks in the same industry.
THTX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
THTX 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Besides having an excellent technical rating, THTX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.15, a Stop Loss order could be placed below this zone.
More info and screens
1.20
3.24
We found 5 important support areas.
- A support zone ranging from 3.13 to 3.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.64 from a trend line in the weekly time frame.
- Support @2.58 from a trend line in the daily time frame.
- Support @1.72 from a trend line in the weekly time frame.
- Support @1.21 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.21 to 3.21. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for THTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THTX is up. |
| ChartMill Relative Strength | 94.08 | POSITIVE | THTX has a high relative strength, it outperformed 94.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.18 | OVERBOUGHT | The high RSI value suggests THTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests THTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.62 | NEUTRAL | The Stochastics value for THTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for THTX suggests some volalility. |
| Average Directional Index/ADX (14) | 40.29 | POSITIVE | The high ADX value value for THTX 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.17 | 3.13 | 0.04 (1.26%) | 25.00% |
| An entry @3.17. This is a Buy Stop order right above the 10 day high. | An exit @3.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 1.26%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:THTX (7/24/2025, 8:06:57 PM)
3.15
0 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.16%
1 Week0.16%
2 Weeks0%
1 Month29.1%
3 Month13.72%
6 Month83.67%
12 Month116.5%
2 Year32.35%
3 Year-65.15%
5 Year-67.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.71%
ATR Inc-88.48%
Range Today0.01
ADR(20)0.05
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.08
Mansfield5.75
10 Day High3.16
10 Day Low3.14
20 Day High3.2
20 Day Low2.24
52 Week High3.2
52 Week Low1.12
CS1 End3.15
CR1 Start3.21
Volume & EV
DER(3)-5.94%
DER(5)-5.82%
Volume245.00K
Volume Incr-78.28%
Vol(5)235.40K
Vol(50)528.51K