TALIS BIOMEDICAL CORP (TLIS) Stock Technical Analysis
NASDAQ:TLIS - Nasdaq - US87424L2079 - Common Stock - Currency: USD
Taking everything into account, TLIS scores 0 out of 10 in our technical rating. TLIS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than TLIS.
TLIS is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 73% of 188 stocks in the same industry do better.
TLIS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TLIS is lagging the market.
In the last month TLIS has a been trading in the 3.42 - 9.35 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TLIS has an average volume of 23800 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
The technical rating of TLIS is bad and it also does not present a 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
4.34
9.46
We can see 2 important resistance areas.
- A resistance zone ranging from 4.52 to 4.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.25 to 9.37. 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 | DOWN | NEGATIVE | The long term trend for TLIS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLIS is down. |
| ChartMill Relative Strength | 8.33 | NEGATIVE | TLIS has a low relative strength, it was outperformed by 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TLIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.35 | NEUTRAL | The RSI value for TLIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests TLIS has a positive trend. |
| Stochastics (14,3) | 53.85 | NEUTRAL | The Stochastics value for TLIS is a neutral value. |
| Average True Range in percent/ATR (20) | 14.64 | HIGH VOLATILITY | The high ATR as a percentage value for TLIS suggests high volalility. |
| Average Directional Index/ADX (14) | 44.6 | POSITIVE | The high ADX value value for TLIS 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)
4.38
+0.22 (+5.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.29%
1 Week-3.07%
2 Weeks0.46%
1 Month-50.79%
3 Month-52.39%
6 Month-46.3%
12 Month-27.24%
2 Year-67.56%
3 Year-96.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%14.64%
ATR Inc12.62%
Range Today0.48
ADR(20)0.41
ADR(20)%9.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.33
Mansfield-4.88
10 Day High4.89
10 Day Low3.42
20 Day High9.35
20 Day Low3.42
52 Week High9.6
52 Week Low3.42
CS1 EndN/A
CR1 Start4.52
Volume & EV
DER(3)7.98%
DER(5)3.53%
Volume51.00K
Volume Incr-24.72%
Vol(5)33.20K
Vol(50)23.80K