We assign a technical rating of 9 out of 10 to TRDA. Both in the recent history as in the last year, TRDA has proven to be a steady performer, scoring decent points in every aspect analyzed.
TRDA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.46
We found 1 important support area.
- A support zone ranging from 10.57 to 10.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.93 to 11.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TRDA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRDA is up. |
| ChartMill Relative Strength | 84.79 | POSITIVE | TRDA has a high relative strength, it outperformed 84.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRDA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TRDA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.79 | NEUTRAL | The RSI value for TRDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TRDA has a negative trend. |
| Stochastics (14,3) | 47.38 | NEUTRAL | The Stochastics value for TRDA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for TRDA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.67 | POSITIVE | The high ADX value value for TRDA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.10 | 10.56 | 0.54 (4.86%) | 20.56% |
| An entry @11.10. This is a Buy Stop order right above the resistance zone. | An exit @10.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.54 points, which is 4.86%. | When investing 20.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TRDA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.58
-0.05 (-0.47%)
ENTRADA THERAPEUTICS INC / TRDA FAQ
Can you provide the ChartMill technical rating for ENTRADA THERAPEUTICS INC?
ChartMill assigns a technical rating of 9 / 10 to TRDA.
What is the current trend direction of ENTRADA THERAPEUTICS INC (TRDA) stock?
The current trend direction for ENTRADA THERAPEUTICS INC (TRDA) is Bullish.
Can you provide the RSI signal for ENTRADA THERAPEUTICS INC?
ENTRADA THERAPEUTICS INC (TRDA) has an RSI value of 58.7909. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENTRADA THERAPEUTICS INC?
The MACD indicator for ENTRADA THERAPEUTICS INC (TRDA) has a value of -0.154437, indicating a bearish trend.
What is the buy/sell signal for TRDA stock?
The buy/sell signal for ENTRADA THERAPEUTICS INC (TRDA) is buy as both the short term and long term trends are positive.