TILRAY BRANDS INC (TLRY) Stock Technical Analysis
NASDAQ:TLRY - Nasdaq - US88688T1007 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TLRY. TLRY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than TLRY.
TLRY is one of the lesser performing stocks in the Pharmaceuticals industry. 82% of 195 stocks in the same industry do better.
TLRY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
TLRY has an average volume of 25176600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TLRY has a been trading in the 0.37 - 0.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TLRY has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.42
0.78
We found 1 important support area.
- A support zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.49 from a horizontal line in the daily time frame.
- Resistance @0.77 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 | 2.87 | NEGATIVE | TLRY has a low relative strength, it was outperformed by 97.13% 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) | 44.33 | NEUTRAL | The RSI value for TLRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TLRY has a positive trend. |
| Stochastics (14,3) | 39.29 | NEUTRAL | The Stochastics value for TLRY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for TLRY suggests high volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for TLRY suggests a possible start of a new 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)
0.4197
+0.01 (+2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.37%
1 Week4.82%
2 Weeks-5.32%
1 Month-8.62%
3 Month-31.19%
6 Month-64.73%
12 Month-75.31%
2 Year-73.1%
3 Year-86.55%
5 Year-94.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.2%
ATR Inc-38.05%
Range Today0.02
ADR(20)0.03
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.87
Mansfield-6.72
10 Day High0.47
10 Day Low0.37
20 Day High0.5
20 Day Low0.37
52 Week High2.15
52 Week Low0.37
CS1 End0.42
CR1 Start0.43
Volume & EV
DER(3)2.69%
DER(5)-2.28%
Volume24.50M
Volume Incr20.02%
Vol(5)28.87M
Vol(50)25.18M