THERALASE TECHNOLOGIES INC (TLT.CA) Stock Technical Analysis
TSX-V:TLT - TSX Venture Exchange - CA88337V1004 - Common Stock - Currency: CAD
We assign a technical rating of 2 out of 10 to TLT. Recently some decent action could be observed, but in the medium term time frame this is still negative. TLT was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TLT is a bad performer in the overall market: 62% of all stocks are doing better.
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 - 0.22 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TLT is an average performer in the Health Care Equipment & Supplies industry, it outperforms 69% of 14 stocks in the same industry.
TLT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
0.17
0.30
We found 3 important support 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 the daily time frame.
- Support @0.18 from a trend line in the daily time frame.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TLT.CA is neutral. |
| ChartMill Relative Strength | 38.03 | NEUTRAL | TLT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TLT.CA is above 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) | 51.18 | NEUTRAL | The RSI value for TLT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TLT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.61 | NEUTRAL | The Stochastics value for TLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for TLT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.87 | 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 (6/18/2025, 7:00:00 PM)
0.19
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0%
1 Week2.7%
2 Weeks2.7%
1 Month15.15%
3 Month0%
6 Month-24%
12 Month2.7%
2 Year-29.63%
3 Year-36.67%
5 Year-17.39%
10 Year-38.71%
15 Year-71.21%
Volatility
ATR(14)0.01
ATR(20)%6.45%
ATR Inc16.67%
Range Today0.02
ADR(20)0.01
ADR(20)%5.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.03
Mansfield-1.6
10 Day High0.2
10 Day Low0.18
20 Day High0.22
20 Day Low0.17
52 Week High0.38
52 Week Low0.16
CS1 End0.19
CR1 Start0.2
Volume & EV
DER(3)0%
DER(5)0%
Volume10.50K
Volume Incr-5.5%
Vol(5)62.90K
Vol(50)77.89K