TALPHERA INC (TLPH) Stock Technical Analysis
USA - NASDAQ:TLPH - US00444T2096 - Common Stock
1.18 USD
+0.05 (+4.42%)
1.19 USD
+0.01 (+0.85%)
We assign a technical rating of 9 out of 10 to TLPH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TLPH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
TLPH is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. TLPH outperforms 93% of them.
TLPH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TLPH is lagging the market slightly.
TLPH has an average volume of 2984070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TLPH is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month TLPH has a been trading in the 0.86 - 1.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
TLPH 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 very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.73
1.25
When analyzing the support we can see 3 important areas.
- Support @1.12 from a trend line in the daily time frame.
- A support zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.74 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.24 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 TLPH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLPH is up. |
| ChartMill Relative Strength | 96.44 | POSITIVE | TLPH has a high relative strength, it outperformed 96.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TLPH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLPH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.45 | NEUTRAL | The RSI value for TLPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TLPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.88 | NEUTRAL | The Stochastics value for TLPH is a neutral value. |
| Average True Range in percent/ATR (20) | 10.37 | HIGH VOLATILITY | The high ATR as a percentage value for TLPH suggests high volalility. |
| Average Directional Index/ADX (14) | 56.86 | POSITIVE | The high ADX value value for TLPH 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 |
|---|---|---|---|
| 1.25 | 1.11 | 0.14 (11.20%) | 8.93% |
| An entry @1.25. This is a Buy Stop order right above the resistance zone. | An exit @1.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 11.20%. | When investing 8.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TLPH. 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.
1.18
+0.05 (+4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.42%
1 Week6.31%
2 Weeks-10.61%
1 Month27.79%
3 Month178.89%
6 Month142.8%
12 Month21.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%10.37%
ATR Inc-41.01%
Range Today0.11
ADR(20)0.12
ADR(20)%10.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.44
3 months CRS99.2
6 months CRS96.42
Mansfield7.05
10 Day High1.39
10 Day Low1.04
20 Day High1.45
20 Day Low0.86
52 Week High1.45
52 Week Low0.38
CS1 End1.12
CR1 Start1.24
Volume & EV
DER(3)-1.23%
DER(5)-3.46%
Volume281.87K
Volume Incr20.97%
Vol(5)485.24K
Vol(50)2.98M