Taking everything into account, TRAW scores 0 out of 10 in our technical rating. TRAW 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 technical rating of TRAW 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.
More info and screens
1.12
We can see 2 important resistance areas.
- Resistance @2.13 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 | DOWN | NEGATIVE | The long term trend for TRAW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRAW is down. |
| ChartMill Relative Strength | 2.65 | NEGATIVE | TRAW has a low relative strength, it was outperformed by 97.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRAW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRAW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRAW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.72 | OVERSOLD | The low RSI value suggests TRAW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TRAW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.09 | OVERSOLD | The low Stochastics value suggests TRAW may be oversold. |
| Average True Range in percent/ATR (20) | 22.39 | HIGH VOLATILITY | The high ATR as a percentage value for TRAW suggests high volalility. |
| Average Directional Index/ADX (14) | 28.79 | POSITIVE | The high ADX value value for TRAW suggests a strong trend. |
1.13
-0.04 (-3.42%)
TRAWS PHARMA INC / TRAW FAQ
What is the technical rating for TRAW stock?
ChartMill assigns a technical rating of 0 / 10 to TRAW.
Can you provide the trend direction for TRAWS PHARMA INC?
The current trend direction for TRAWS PHARMA INC (TRAW) is Bearish.
Can you provide the RSI signal for TRAWS PHARMA INC?
TRAWS PHARMA INC (TRAW) has an RSI value of 28.717. This indicates that the stock is currently oversold.
What is the short term momentum for TRAWS PHARMA INC (TRAW) stock?
The short term momentum for TRAWS PHARMA INC (TRAW) is negative.
What is the buy/sell signal for TRAW stock?
The buy/sell signal for TRAWS PHARMA INC (TRAW) is sell as both the short term and long term trends are negative.