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 5 out of 10 in our technical rating. TLT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, TLT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.21. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TLT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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0.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.18 from a trend line in the weekly time frame.
- Support @0.17 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.22 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 | NEUTRAL | NEUTRAL | The long term trend for TLT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLT.CA is neutral. |
| ChartMill Relative Strength | 46.38 | NEUTRAL | TLT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TLT.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TLT.CA is above the rising 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) | 51.28 | 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) | 37.5 | NEUTRAL | The Stochastics value for TLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for TLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.15 | POSITIVE | The high ADX value value for TLT.CA suggests a strong trend. |
TSX-V:TLT (7/29/2025, 7:00:00 PM)
0.2
+0.01 (+2.56%)