TRAWS PHARMA INC (TRAW) Technical Analysis
NASDAQ:TRAW • US68232V8845
Overall TRAW gets a technical rating of 3 out of 10. In the past year, TRAW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 85% of all other stocks performed better in the past year than TRAW.
- TRAW is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 60% are performing better than TRAW.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month TRAW has a been trading in the 1.37 - 2.09 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- TRAW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRAW is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TRAW is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.18
When analyzing the support we can see 3 important areas.
- Support @1.54 from a trend line in the daily time frame.
- Support @1.32 from a trend line in the weekly time frame.
- Support @1.19 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.00 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.14 from a trend line in the weekly time frame.
- Resistance @2.69 from a trend line in the daily time frame.
- Resistance @2.78 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for TRAW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRAW is neutral. |
| ChartMill Relative Strength | 15.08 | NEGATIVE | TRAW has a low relative strength, it was outperformed by 84.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRAW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRAW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRAW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.24 | NEUTRAL | The RSI value for TRAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TRAW has a positive trend. |
| Stochastics (14,3) | 67.39 | NEUTRAL | The Stochastics value for TRAW is a neutral value. |
| Average True Range in percent/ATR (20) | 9.32 | HIGH VOLATILITY | The high ATR as a percentage value for TRAW suggests high volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for TRAW suggests a weak or negative trend. |
TRAW Technicals: Chart, Performance Metrics, Trend & Indicators
1.99
+0.26 (+15.03%)
TRAWS PHARMA INC / TRAW FAQ
What is the technical rating for TRAW stock?
ChartMill assigns a technical rating of 3 / 10 to TRAW.
What is the trend direction for TRAW stock?
The current trend direction for TRAWS PHARMA INC (TRAW) is Bearish.
What is the RSI signal for TRAWS PHARMA INC (TRAW) stock?
TRAWS PHARMA INC (TRAW) has an RSI value of 59.2429. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TRAWS PHARMA INC?
The MACD indicator for TRAWS PHARMA INC (TRAW) has a value of 0.032835, indicating a bearish trend.
What are the support and resistance levels for TRAWS PHARMA INC (TRAW) stock?
TRAWS PHARMA INC (TRAW) has a support level at 1.54 and a resistance level at 2. Check the full technical report for our detailed analysis of TRAW support and resistance levels.