TILRAY BRANDS INC (TLRY) Stock Technical Analysis
USA - NASDAQ:TLRY - US88688T1007 - Common Stock
1.21 USD
-0.05 (-3.97%)
1.23 USD
+0.02 (+1.65%)
Overall TLRY gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TLRY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
TLRY is part of the Pharmaceuticals industry. There are 196 other stocks in this industry. TLRY outperforms 91% of them.
TLRY has an average volume of 61916000 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 TLRY is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TLRY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TLRY is lagging the market.
In the last month TLRY has a been trading in the 1.03 - 1.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TLRY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.80
1.49
3 important support areas can be observed.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.06 from a horizontal line in the daily time frame.
- Support @0.81 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.27 from a horizontal line in the daily time frame.
- Resistance @1.33 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1.48 from a horizontal line in the daily 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 TLRY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLRY is up. |
| ChartMill Relative Strength | 96.06 | POSITIVE | TLRY has a high relative strength, it outperformed 96.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TLRY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TLRY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.41 | NEUTRAL | The RSI value for TLRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TLRY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.39 | NEUTRAL | The Stochastics value for TLRY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.11 | HIGH VOLATILITY | The high ATR as a percentage value for TLRY suggests high volalility. |
| Average Directional Index/ADX (14) | 33.95 | POSITIVE | The high ADX value value for TLRY 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)
1.21
-0.05 (-3.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.97%
1 Week8.04%
2 Weeks1.68%
1 Month9.01%
3 Month236.11%
6 Month86.15%
12 Month-29.65%
2 Year-49.37%
3 Year-56%
5 Year-75.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.11%
ATR Inc-14.39%
Range Today0.07
ADR(20)0.1
ADR(20)%8.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.06
Mansfield1.42
10 Day High1.29
10 Day Low1.03
20 Day High1.55
20 Day Low1.03
52 Week High1.85
52 Week Low0.35
CS1 End1.17
CR1 Start1.27
Volume & EV
DER(3)-3.71%
DER(5)0.46%
Volume32.70M
Volume Incr-37.79%
Vol(5)38.56M
Vol(50)61.92M