We assign a technical rating of 1 out of 10 to TLRY. 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. 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.
7.39
4 important support areas can be observed.
When analyzing the resistance we notice 5 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for TLRY is neutral. |
| ChartMill Relative Strength | 8.41 | NEGATIVE | TLRY has a low relative strength, it was outperformed by 91.59% 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) | DOWN | NEGATIVE | The current price of TLRY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLRY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for TLRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TLRY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.34 | OVERSOLD | The low Stochastics value suggests TLRY may be oversold. |
| Average True Range in percent/ATR (20) | 14.22 | HIGH VOLATILITY | The high ATR as a percentage value for TLRY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.19 | NEUTRAL | The ADX value for TLRY suggests a possible start of a new trend. |
9.18
+0.05 (+0.55%)
ChartMill assigns a technical rating of 1 / 10 to TLRY.
The current trend direction for TILRAY BRANDS INC (TLRY) is Bearish.
TILRAY BRANDS INC (TLRY) has an RSI value of 44.9499. This indicates that the stock is currently neutral.
TILRAY BRANDS INC (TLRY) has a support level at 8.98 and a resistance level at 9.73. Check the full technical report for our detailed analysis of TLRY support and resistance levels.