ENTRADA THERAPEUTICS INC (TRDA) Technical Analysis
NASDAQ:TRDA • US29384C1080
Current stock price
TRDA Technical Rating and Analysis
Overall TRDA gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRDA is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- TRDA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRDA is lagging the market slightly.
- Looking at the yearly performance, TRDA did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- TRDA is an average performer in the Biotechnology industry, it outperforms 63% of 516 stocks in the same industry.
- In the last month TRDA has a been trading in the 11.50 - 14.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TRDA Weekly and Daily overview Charts
TRDA Setup Rating and Analysis
TRDA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 12.45, a Stop Loss order could be placed below this zone.
More info and screens
TRDA Support and Resistance Analysis
9.75
3 important support areas can be observed.
- A support zone ranging from 12.26 to 12.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.30 from a horizontal line in the daily time frame.
- Support @9.85 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @14.00 from a horizontal line in the weekly time frame.
- Resistance @14.33 from a horizontal line in the daily time frame.
TRDA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for TRDA is neutral. |
| ChartMill Relative Strength | 83.71 | POSITIVE | TRDA has a high relative strength, it outperformed 83.71% 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) | UP | POSITIVE | The current price of TRDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.43 | NEUTRAL | The RSI value for TRDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TRDA has a negative trend. |
| Stochastics (14,3) | 34.61 | NEUTRAL | The Stochastics value for TRDA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for TRDA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.04 | NEGATIVE | The low ADX value for TRDA suggests a weak or negative trend. |
TRDA Chart- and CandleStick Pattern Analysis
TRDA Example Setup
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 |
|---|---|---|---|
| 14.01 | 12.81 | 1.20 (8.57%) | 11.68% |
| An entry @14.01. This is a Buy Stop order right above the resistance zone. | An exit @12.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.20 points, which is 8.57%. | For a 1.00% total portfolio risk, you can invest 11.68% of your capital in this trade. |
- 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.
TRDA Technicals: Chart, Performance Metrics, Trend & Indicators
13.05
-0.02 (-0.15%)
ENTRADA THERAPEUTICS INC / TRDA TA 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 TRDA stock?
ENTRADA THERAPEUTICS INC (TRDA) has an RSI value of 49.4328. This indicates that the stock is currently neutral.
What is the MACD signal for TRDA stock?
The MACD indicator for ENTRADA THERAPEUTICS INC (TRDA) has a value of -0.109049, indicating a bearish trend.
Can you provide the short term momentum for ENTRADA THERAPEUTICS INC?
The short term momentum for ENTRADA THERAPEUTICS INC (TRDA) is neutral.