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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TLRY is a bad performer in the overall market: 90% of all stocks are doing better.
- TLRY is one of the lesser performing stocks in the Pharmaceuticals industry. 67% of 190 stocks in the same industry do better.
- TLRY 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 TLRY has a been trading in the 8.40 - 10.13 range, which is quite wide. It is currently trading near the lows of this range.
- TLRY has an average volume of 21805500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of TLRY 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
7.27
When analyzing the support we can see 3 important areas.
- Support @8.14 from a trend line in the daily time frame.
- Support @7.63 from a trend line in the daily time frame.
- Support @7.34 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 9.12 to 9.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.88 to 9.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.43 from a trend line in the weekly time frame.
- Resistance @16.61 from a trend 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 | 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 | 10.66 | NEGATIVE | TLRY has a low relative strength, it was outperformed by 89.34% 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) | UP | MIXED | The current price of TLRY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.22 | NEUTRAL | The RSI value for TLRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TLRY has a negative trend. |
| Stochastics (14,3) | 12.68 | OVERSOLD | The low Stochastics value suggests TLRY may be oversold. |
| Average True Range in percent/ATR (20) | 6.75 | HIGH VOLATILITY | The high ATR as a percentage value for TLRY suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for TLRY suggests a weak or negative trend. |
8.42
-0.31 (-3.55%)
TILRAY BRANDS INC / TLRY FAQ
Can you provide the ChartMill technical rating for TILRAY BRANDS INC?
ChartMill assigns a technical rating of 0 / 10 to TLRY.
What is the trend direction for TLRY stock?
The current trend direction for TILRAY BRANDS INC (TLRY) is Bearish.
What is the RSI signal for TILRAY BRANDS INC (TLRY) stock?
TILRAY BRANDS INC (TLRY) has an RSI value of 40.2206. This indicates that the stock is currently neutral.
What is the buy/sell signal for TILRAY BRANDS INC (TLRY) stock?
The buy/sell signal for TILRAY BRANDS INC (TLRY) is sell as both the short term and long term trends are negative.
What is the support and resistance level for TLRY stock?
TILRAY BRANDS INC (TLRY) has a support level at 8.14 and a resistance level at 9.12. Check the full technical report for our detailed analysis of TLRY support and resistance levels.