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TIMBER PHARMACEUTICALS INC (TMBR) Stock Technical Analysis

NYSEARCA:TMBR - NYSE Arca - US8870802084 - Common Stock - Currency: USD

0.3426  +0 (+0.74%)

Premarket: 0.3532 +0.01 (+3.09%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TMBR. TMBR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TMBR is a bad performer in the overall market: 100% of all stocks are doing better.
TMBR is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 195 stocks in the same industry do better.
TMBR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TMBR is lagging the market.
In the last month TMBR has a been trading in the 0.32 - 2.87 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
TIMBER PHARMACEUTICALS INC / TMBR Weekly stock chart
TIMBER PHARMACEUTICALS INC / TMBR Daily stock chart
Setup Rating and Analysis

3

The technical rating of TMBR 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.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TMBR is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TMBR is down.
ChartMill Relative Strength0.94NEGATIVETMBR has a low relative strength, it was outperformed by 99.06% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TMBR is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TMBR is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TMBR is below a declining SMA(200).
Relative Strength Index/RSI (14)14.83OVERSOLDThe low RSI value suggests TMBR may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.21NEGATIVEThe MACD value suggests TMBR has a negative trend, although the MACD value is rising.
Stochastics (14,3)1.01OVERSOLDThe low Stochastics value suggests TMBR may be oversold.
Average True Range in percent/ATR (20)72.31HIGH VOLATILITYThe high ATR as a percentage value for TMBR suggests high volalility.
Average Directional Index/ADX (14)48.9POSITIVEThe high ADX value value for TMBR suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
TIMBER PHARMACEUTICALS INC / TMBR Daily stock chart

TIMBER PHARMACEUTICALS INC

NYSEARCA:TMBR (11/28/2023, 8:04:00 PM)

Premarket: 0.3532 +0.01 (+3.09%)

0.3426

+0 (+0.74%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.74%
1 Week-76.55%
2 Weeks-86.56%
1 Month-87.33%
3 Month-88.91%
6 Month-77.01%
12 Month-77.61%
2 Year-98.51%
3 Year-99.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%72.31%
ATR Inc-87.65%
Range Today0.03
ADR(20)0.21
ADR(20)%61.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.94
Mansfield-8.45
10 Day High2.5
10 Day Low0.32
20 Day High2.87
20 Day Low0.32
52 Week High3.39
52 Week Low0.32
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.95%
DER(5)-1.83%
Volume322.10K
Volume Incr1347.44%
Vol(5)860.72K
Vol(50)124.34K