Taking everything into account, THTX scores 10 out of 10 in our technical rating. 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.
Although THTX has an excellent technical rating, it does not present a decent entry opportunity 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.
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1.20
We found 4 important support areas.
- A support zone ranging from 3.29 to 3.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.23 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.85 from a trend line in the weekly time frame.
- Support @1.21 from a horizontal 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 THTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THTX is up. |
| ChartMill Relative Strength | 96.37 | POSITIVE | THTX has a high relative strength, it outperformed 96.37% 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) | 81.51 | 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. |
| Stochastics (14,3) | 88.85 | OVERBOUGHT | The high Stochastics value suggests THTX may be overbought. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for THTX suggests low volalility. |
| Average Directional Index/ADX (14) | 72.41 | POSITIVE | The high ADX value value for THTX suggests a strong trend. |
3.39
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THERATECHNOLOGIES INC / THTX FAQ
What is the technical rating for THTX stock?
ChartMill assigns a technical rating of 10 / 10 to THTX.
What is the trend direction for THTX stock?
The current trend direction for THERATECHNOLOGIES INC (THTX) is Bullish.
What is the RSI signal for THTX stock?
THERATECHNOLOGIES INC (THTX) has an RSI value of 81.5089. This indicates that the stock is currently overbought.
Can you provide the short term momentum for THERATECHNOLOGIES INC?
The short term momentum for THERATECHNOLOGIES INC (THTX) is positive.
Can you provide the support and resistance levels for THERATECHNOLOGIES INC?
THERATECHNOLOGIES INC (THTX) has a support level at 3.36. Check the full technical report for our detailed analysis of THTX support and resistance levels.