TRAWS PHARMA INC (TRAW) Stock Technical Analysis
NASDAQ:TRAW - US68232V8845 - Common Stock
1.44 USD
+0.04 (+2.86%)
1.39 USD
-0.05 (-3.47%)
Taking everything into account, TRAW scores 2 out of 10 in our technical rating. Although TRAW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 1.26 - 1.99 range, which is quite wide. It is currently trading near the lows of this range.
TRAW is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. TRAW outperforms 94% of them.
Looking at the yearly performance, TRAW did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TRAW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TRAW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.32
1.66
3 important support areas can be observed.
- A support zone ranging from 1.39 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.36 from a trend line in the daily time frame.
- Support @1.33 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.47 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.56 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.61 from a horizontal line in the weekly time frame.
- Resistance @1.64 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 | 97.9 | POSITIVE | TRAW has a high relative strength, it outperformed 97.9% 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) | 46.43 | NEUTRAL | The RSI value for TRAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRAW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.92 | NEUTRAL | The Stochastics value for TRAW is a neutral value. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for TRAW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.47 | 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)
1.44
+0.04 (+2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.86%
1 Week2.13%
2 Weeks1.41%
1 Month-5.26%
3 Month-12.73%
6 Month-49.12%
12 Month297.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.38%
ATR Inc-27.35%
Range Today0.12
ADR(20)0.12
ADR(20)%8.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.9
Mansfield-6.25
10 Day High1.46
10 Day Low1.26
20 Day High1.99
20 Day Low1.26
52 Week High19.44
52 Week Low0.24
CS1 End1.4
CR1 Start1.47
Volume & EV
DER(3)11.44%
DER(5)7.65%
Volume45.30K
Volume Incr-73.84%
Vol(5)39.90K
Vol(50)108.25K