Taking everything into account, TLX scores 0 out of 10 in our technical rating. TLX'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 94% of all other stocks performed better in the past year than TLX.
- TLX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TLX has a been trading in the 7.16 - 8.45 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of TLX 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
7.21
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.63 to 7.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.18 from a trend line in the daily time frame.
- A resistance zone ranging from 8.37 to 8.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.72 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 | DOWN | NEGATIVE | The long term trend for TLX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLX is neutral. |
| ChartMill Relative Strength | 6.29 | NEGATIVE | TLX has a low relative strength, it was outperformed by 93.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.89 | NEUTRAL | The RSI value for TLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.53 | NEUTRAL | The Stochastics value for TLX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for TLX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.19 | POSITIVE | The high ADX value value for TLX suggests a strong trend. |
7.28
-0.47 (-6.06%)
TELIX PHARMACEUTICALS LTD / TLX FAQ
What is the ChartMill technical rating of TELIX PHARMACEUTICALS LTD (TLX) stock?
ChartMill assigns a technical rating of 0 / 10 to TLX.
What is the trend direction for TLX stock?
The current trend direction for TELIX PHARMACEUTICALS LTD (TLX) is Bearish.
Can you provide the RSI signal for TELIX PHARMACEUTICALS LTD?
TELIX PHARMACEUTICALS LTD (TLX) has an RSI value of 39.8944. This indicates that the stock is currently neutral.
What is the MACD signal for TLX stock?
The MACD indicator for TELIX PHARMACEUTICALS LTD (TLX) has a value of 0.0667652, indicating a bearish trend.