THERALASE TECHNOLOGIES INC (TLT.CA) Stock Technical Analysis
TSX-V:TLT - TSX Venture Exchange - CA88337V1004 - Common Stock - Currency: CAD
Taking everything into account, TLT scores 0 out of 10 in our technical rating. TLT 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.
81% of all other stocks performed better in the past year than TLT.
TLT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TLT is lagging the market.
In the last month TLT has a been trading in the 0.17 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
TLT is an average performer in the Health Care Equipment & Supplies industry, it outperforms 50% of 15 stocks in the same industry.
The technical rating of TLT 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
0.17
0.30
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.23 from a trend line in the daily time frame.
- Resistance @0.30 from a horizontal 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 TLT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLT.CA is down. |
| ChartMill Relative Strength | 19.51 | NEGATIVE | TLT.CA has a low relative strength, it was outperformed by 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TLT.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.12 | NEUTRAL | The RSI value for TLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TLT.CA has a negative trend. |
| Stochastics (14,3) | 16.19 | OVERSOLD | The low Stochastics value suggests TLT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for TLT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for TLT.CA suggests a weak or negative 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)
TSX-V:TLT (5/22/2025, 7:00:00 PM)
0.17
+0.01 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.03%
1 Week-8.11%
2 Weeks-8.11%
1 Month-17.07%
3 Month-39.29%
6 Month-42.37%
12 Month6.25%
2 Year-29.17%
3 Year-54.05%
5 Year-32%
10 Year-50.72%
15 Year-76.71%
Volatility
ATR(14)0.01
ATR(20)%4.85%
ATR Inc66.67%
Range Today0
ADR(20)0.01
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.51
Mansfield-2.31
10 Day High0.19
10 Day Low0.17
20 Day High0.21
20 Day Low0.17
52 Week High0.38
52 Week Low0.14
CS1 EndN/A
CR1 Start0.18
Volume & EV
DER(3)1.03%
DER(5)2.78%
Volume37.61K
Volume Incr17.11%
Vol(5)76.83K
Vol(50)92.47K