INSTIL BIO INC (TIL) Stock Technical Analysis
NASDAQ:TIL - Nasdaq - US45783C2008 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to TIL. TIL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
In the last month TIL has a been trading in the 21.29 - 42.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
TIL is part of the Biotechnology industry. There are 558 other stocks in this industry. TIL outperforms 94% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that TIL is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TIL has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
13.40
37.49
2 important support areas can be observed.
- A support zone ranging from 22.08 to 22.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 22.98 to 23.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.42 from a trend line in the daily time frame.
- Resistance @37.12 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 | NEUTRAL | NEUTRAL | The long term trend for TIL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TIL is down. |
| ChartMill Relative Strength | 95.95 | POSITIVE | TIL has a high relative strength, it outperformed 95.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TIL is below 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) | UP | MIXED | The current price of TIL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.8 | NEUTRAL | The RSI value for TIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.72 | NEGATIVE | The MACD value suggests TIL has a negative trend. |
| Stochastics (14,3) | 5.45 | OVERSOLD | The low Stochastics value suggests TIL may be oversold. |
| Average True Range in percent/ATR (20) | 21.89 | HIGH VOLATILITY | The high ATR as a percentage value for TIL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for TIL 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)
22.97
+0.8 (+3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.61%
1 Week-17.08%
2 Weeks-38.76%
1 Month-24.32%
3 Month27.05%
6 Month14.56%
12 Month123.23%
2 Year108.44%
3 Year-75.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.36
ATR(20)%21.89%
ATR Inc-23.59%
Range Today1.85
ADR(20)4.81
ADR(20)%20.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.95
Mansfield-1.09
10 Day High36.85
10 Day Low21.29
20 Day High42.79
20 Day Low21.29
52 Week High92
52 Week Low9.62
CS1 End22.17
CR1 Start22.98
Volume & EV
DER(3)-6.28%
DER(5)-6.21%
Volume294.00K
Volume Incr-35.6%
Vol(5)328.70K
Vol(50)331.53K