THERALASE TECHNOLOGIES INC (TLT.CA) Stock Technical Analysis
Canada - TSX-V:TLT - CA88337V1004 - Common Stock
0.195 CAD
0 (0%)
We assign a technical rating of 2 out of 10 to TLT. TLT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, TLT is a bad performer in the overall market: 81% of all stocks are doing better.
TLT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TLT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 16 stocks in the same industry.
In the last month TLT has a been trading in the 0.18 - 0.21 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Although the technical rating is bad, TLT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.18, a Stop Loss order could be placed below this zone. 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.
More info and screens
0.17
0.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- 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.
- Resistance @0.21 from a trend 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 | 19.91 | NEGATIVE | TLT.CA has a low relative strength, it was outperformed by 80.09% off all stocks 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) | DOWN | NEGATIVE | The current price of TLT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TLT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | 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) | 55.56 | NEUTRAL | The Stochastics value for TLT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for TLT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.03 | POSITIVE | The high ADX value value for TLT.CA 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)
TSX-V:TLT (10/17/2025, 7:00:00 PM)
0.195
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0%
1 Week-2.5%
2 Weeks5.41%
1 Month5.41%
3 Month-4.88%
6 Month-2.5%
12 Month2.63%
2 Year0%
3 Year-25%
5 Year50%
10 Year-32.76%
15 Year-72.54%
Volatility
ATR(14)0.01
ATR(20)%5%
ATR Inc29.63%
Range Today0.02
ADR(20)0.01
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.91
Mansfield-2.15
10 Day High0.21
10 Day Low0.18
20 Day High0.21
20 Day Low0.18
52 Week High0.38
52 Week Low0.16
CS1 End0.18
CR1 Start0.2
Volume & EV
DER(3)77.16%
DER(5)63.52%
Volume312.10K
Volume Incr3.4%
Vol(5)130.45K
Vol(50)101.13K