TRAWS PHARMA INC (TRAW) Stock Technical Analysis
USA - NASDAQ:TRAW - US68232V8845 - Common Stock
2.17 USD
+0.4 (+22.6%)
2.22 USD
+0.05 (+2.3%)
Taking everything into account, TRAW scores 3 out of 10 in our technical rating. TRAW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
73% of all other stocks performed better in the past year than TRAW.
TRAW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TRAW has a been trading in the 1.75 - 3.15 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TRAW is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, TRAW did better than 46% of them.
Volume is considerably higher in the last couple of days.
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
1.52
2.54
We found 3 important support areas.
- Support @1.94 from a horizontal line in the weekly time frame.
- Support @1.65 from a trend line in the weekly time frame.
- A support zone ranging from 1.54 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.18 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.28 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.51 from a trend 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 | 27.32 | NEGATIVE | TRAW has a low relative strength, it was outperformed by 72.68% 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) | UP | MIXED | The current price of TRAW is below the rising 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) | 47.43 | NEUTRAL | The RSI value for TRAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TRAW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.8 | OVERSOLD | The low Stochastics value suggests TRAW may be oversold. |
| Average True Range in percent/ATR (20) | 13.95 | HIGH VOLATILITY | The high ATR as a percentage value for TRAW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for TRAW suggests a possible start of a new 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)
2.17
+0.4 (+22.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg22.6%
1 Week11.28%
2 Weeks-15.56%
1 Month-24.13%
3 Month43.71%
6 Month82.35%
12 Month-56.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%13.95%
ATR Inc179.91%
Range Today1.03
ADR(20)0.3
ADR(20)%13.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.32
3 months CRS94.96
6 months CRS94.44
Mansfield-3.88
10 Day High2.78
10 Day Low1.75
20 Day High3.15
20 Day Low1.75
52 Week High19.44
52 Week Low0.97
CS1 End1.94
CR1 Start2.18
Volume & EV
DER(3)7.79%
DER(5)1.74%
Volume8.12M
Volume Incr988.59%
Vol(5)1.74M
Vol(50)340.94K
TRAWS PHARMA INC / TRAW FAQ
What is the technical rating for TRAW stock?
ChartMill assigns a technical rating of 3 / 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 47.4344. This indicates that the stock is currently neutral.
What is the short term momentum for TRAWS PHARMA INC (TRAW) stock?
The short term momentum for TRAWS PHARMA INC (TRAW) is neutral.