Overall TRDA gets a technical rating of 8 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- In the last month TRDA has a been trading in the 9.33 - 11.49 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When comparing the yearly performance of all stocks, we notice that TRDA is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- TRDA is part of the Biotechnology industry. There are 525 other stocks in this industry, TRDA did better than 69% of them.
- TRDA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRDA is lagging the market.
TRDA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.48, a Stop Loss order could be placed below this zone.
More info and screens
9.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.31 to 10.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.70 to 10.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @11.09 from a horizontal line in the weekly 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 | 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 | 83.57 | POSITIVE | TRDA has a high relative strength, it outperformed 83.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRDA is above a declining 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) | UP | POSITIVE | The current price of TRDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.89 | NEUTRAL | The RSI value for TRDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TRDA has a negative trend. |
| Stochastics (14,3) | 72.67 | NEUTRAL | The Stochastics value for TRDA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for TRDA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for TRDA suggests a weak or negative trend. |
10.62
-0.38 (-3.45%)
ENTRADA THERAPEUTICS INC / TRDA FAQ
Can you provide the ChartMill technical rating for ENTRADA THERAPEUTICS INC?
ChartMill assigns a technical rating of 8 / 10 to TRDA.
What is the trend direction for TRDA stock?
The current trend direction for ENTRADA THERAPEUTICS INC (TRDA) is Bullish.
What is the RSI signal for ENTRADA THERAPEUTICS INC (TRDA) stock?
ENTRADA THERAPEUTICS INC (TRDA) has an RSI value of 53.8906. This indicates that the stock is currently neutral.
What is the short term momentum for ENTRADA THERAPEUTICS INC (TRDA) stock?
The short term momentum for ENTRADA THERAPEUTICS INC (TRDA) is positive.
What is the buy/sell signal for ENTRADA THERAPEUTICS INC (TRDA) stock?
The buy/sell signal for ENTRADA THERAPEUTICS INC (TRDA) is buy as both the short term and long term trends are positive.