Taking everything into account, TLRY scores 0 out of 10 in our technical rating. TLRY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TLRY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
6.99
When analyzing the resistance we notice one important area.
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 TLRY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLRY is down. |
| ChartMill Relative Strength | 6.1 | NEGATIVE | TLRY has a low relative strength, it was outperformed by 93.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLRY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLRY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TLRY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.4 | OVERSOLD | The low RSI value suggests TLRY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests TLRY has a negative trend. |
| Stochastics (14,3) | 3.96 | OVERSOLD | The low Stochastics value suggests TLRY may be oversold. |
| Average True Range in percent/ATR (20) | 13.5 | HIGH VOLATILITY | The high ATR as a percentage value for TLRY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for TLRY suggests a strong trend. |
7.06
-0.65 (-8.43%)
ChartMill assigns a technical rating of 0 / 10 to TLRY.
The current trend direction for TILRAY BRANDS INC (TLRY) is Bearish.
TILRAY BRANDS INC (TLRY) has an RSI value of 26.4038. This indicates that the stock is currently oversold.
The short term momentum for TILRAY BRANDS INC (TLRY) is negative.
TILRAY BRANDS INC (TLRY) has a resistance level at 9.04. Check the full technical report for our detailed analysis of TLRY support and resistance levels.