INSTIL BIO INC (TIL) Stock Technical Analysis
NASDAQ:TIL - Nasdaq - US45783C2008 - Common Stock - Currency: USD
Taking everything into account, TIL scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
TIL 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that TIL is one of the better performing stocks in the market, outperforming 97% of all stocks.
TIL is part of the Biotechnology industry. There are 556 other stocks in this industry. TIL outperforms 95% of them.
In the last month TIL has a been trading in the 20.60 - 31.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TIL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.63. Right above this resistance zone may be a good entry point.
More info and screens
13.74
36.94
We found 3 important support areas.
- A support zone ranging from 25.16 to 25.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.87 to 24.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.88 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.63 to 27.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.57 from a trend line in the daily 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 TIL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TIL is neutral. |
| ChartMill Relative Strength | 97.5 | POSITIVE | TIL has a high relative strength, it outperformed 97.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TIL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TIL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.74 | NEUTRAL | The RSI value for TIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests TIL has a positive trend. |
| Stochastics (14,3) | 63.5 | NEUTRAL | The Stochastics value for TIL is a neutral value. |
| Average True Range in percent/ATR (20) | 12.03 | HIGH VOLATILITY | The high ATR as a percentage value for TIL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.56 | NEUTRAL | The ADX value for TIL suggests a possible start of a new 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 |
|---|---|---|---|
| 27.71 | 25.15 | 2.56 (9.24%) | 10.82% |
| An entry @27.71. This is a Buy Stop order right above the resistance zone. | An exit @25.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.56 points, which is 9.24%. | For a 1.00% total portfolio risk, you can invest 10.82% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TIL. Please evaluate whether better entry and exit points can be found.
- 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.
27.62
+1.52 (+5.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.82%
1 Week12.78%
2 Weeks16.84%
1 Month-0.29%
3 Month116.12%
6 Month17.86%
12 Month120.43%
2 Year152.93%
3 Year-75.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.3
ATR(20)%12.03%
ATR Inc-11.96%
Range Today3.22
ADR(20)3.24
ADR(20)%11.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.5
Mansfield0.09
10 Day High28.8
10 Day Low22.52
20 Day High31.67
20 Day Low20.6
52 Week High92
52 Week Low9.85
CS1 End25.58
CR1 Start27.63
Volume & EV
DER(3)-2%
DER(5)-2.34%
Volume183.10K
Volume Incr-27.03%
Vol(5)228.12K
Vol(50)357.15K