TURNING POINT THERAPEUTICS I (TPTX) Stock Technical Analysis
NASDAQ:TPTX - Nasdaq - US90041T1088 - Common Stock - Currency: USD
Overall TPTX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TPTX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
TPTX is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 557 stocks in the same industry.
TPTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TPTX is performing more or less in line with the market.
TPTX has an average volume of 1709730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TPTX did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month TPTX has a been trading in a tight range between 74.57 and 76.01.
Although TPTX has an excellent technical rating, it does not present a decent entry opportunity 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
73.54
76.78
When analyzing the support we notice one important area.
- A support zone ranging from 74.28 to 75.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 76.02 to 76.02. 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 TPTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPTX is up. |
| ChartMill Relative Strength | 98.65 | POSITIVE | TPTX has a high relative strength, it outperformed 98.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.83 | OVERBOUGHT | The high RSI value suggests TPTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests TPTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.24 | OVERBOUGHT | The high Stochastics value suggests TPTX may be overbought. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for TPTX suggests low volalility. |
| Average Directional Index/ADX (14) | 52.08 | POSITIVE | The high ADX value value for TPTX 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)
76.01
+0.52 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.69%
1 Week1.29%
2 Weeks1.62%
1 Month1.73%
3 Month106.89%
6 Month134.89%
12 Month18.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%0.49%
ATR Inc37.61%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.65
Mansfield5.15
10 Day High76.01
10 Day Low74.58
20 Day High76.01
20 Day Low74.57
52 Week High82.2
52 Week Low23.77
CS1 End75.3
CR1 Start76.02
Volume & EV
DER(3)2.01%
DER(5)3%
Volume2.84M
Volume Incr77.95%
Vol(5)1.49M
Vol(50)1.71M