TELIX PHARMACEUTICALS LTD (TLX) Stock Technical Analysis
NASDAQ:TLX - Nasdaq - ADR - Currency: USD
Overall TLX gets a technical rating of 2 out of 10. In the last year, TLX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, TLX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 18.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.04
2 important support areas can be observed.
- A support zone ranging from 16.60 to 16.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.20 to 16.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.12 to 18.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.22 to 19.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for TLX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TLX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TLX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TLX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TLX is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.76 | NEUTRAL | The RSI value for TLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TLX has a positive trend. |
| Stochastics (14,3) | 52.8 | NEUTRAL | The Stochastics value for TLX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TLX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.87 | NEGATIVE | The low ADX value for TLX suggests a weak or negative trend. |
NASDAQ:TLX (6/3/2025, 8:00:00 PM)
16.97
+0.16 (+0.97%)