TURNING POINT THERAPEUTICS I (TPTX) Technical Analysis
NASDAQ:TPTX • US90041T1088
Current stock price
TPTX Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to TPTX. Both in the recent history as in the last year, TPTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- TPTX is one of the better performing stocks in the Biotechnology industry, it outperforms 93% of 517 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.
- When comparing the yearly performance of all stocks, we notice that TPTX is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month TPTX has a been trading in a tight range between 74.57 and 76.01.
TPTX Weekly and Daily overview Charts
TPTX Setup Rating and Analysis
Although TPTX has an excellent technical rating, it does not offer a high 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
TPTX Support and Resistance Analysis
73.54
We found 1 important support 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.
We found 1 important resistance 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.
TPTX 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.
| 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. |
TPTX Chart- and CandleStick Pattern Analysis
TPTX Technicals: Chart, Performance Metrics, Trend & Indicators
76.01
+0.52 (+0.69%)
TURNING POINT THERAPEUTICS I / TPTX TA FAQ
What is the technical rating for TPTX stock?
ChartMill assigns a technical rating of 8 / 10 to TPTX.
Can you provide the trend direction for TURNING POINT THERAPEUTICS I?
The current trend direction for TURNING POINT THERAPEUTICS I (TPTX) is Bullish.
What is the RSI signal for TURNING POINT THERAPEUTICS I (TPTX) stock?
TURNING POINT THERAPEUTICS I (TPTX) has an RSI value of 74.8294. This indicates that the stock is currently overbought.
Can you provide the short term momentum for TURNING POINT THERAPEUTICS I?
The short term momentum for TURNING POINT THERAPEUTICS I (TPTX) is positive.
What is the buy/sell signal for TURNING POINT THERAPEUTICS I (TPTX) stock?
The buy/sell signal for TURNING POINT THERAPEUTICS I (TPTX) is buy as both the short term and long term trends are positive.