TOURMALINE BIO INC (TRML) Stock Technical Analysis
NASDAQ:TRML - US89157D1054 - Common Stock
23.31 USD
+0.25 (+1.08%)
23.31 USD
0 (0%)
Overall TRML gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TRML has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TRML is one of the better performing stocks in the market, outperforming 92% of all stocks.
TRML is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 549 stocks in the same industry.
In the last month TRML has a been trading in the 19.75 - 24.00 range, which is quite wide. It is currently trading near the high of this range.
TRML is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRML is lagging the market.
Besides having an excellent technical rating, TRML also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
12.40
23.57
4 important support areas can be observed.
- Support @22.66 from a trend line in the daily time frame.
- A support zone ranging from 20.72 to 20.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.34 to 18.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.32 to 23.34. This zone is formed by a combination of multiple trend lines 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 TRML is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRML is up. |
| ChartMill Relative Strength | 92.29 | POSITIVE | TRML has a high relative strength, it outperformed 92.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRML is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRML is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TRML is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.5 | NEUTRAL | The RSI value for TRML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRML has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.09 | OVERBOUGHT | The high Stochastics value suggests TRML may be overbought. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for TRML suggests high volalility. |
| Average Directional Index/ADX (14) | 27.27 | POSITIVE | The high ADX value value for TRML suggests a strong 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)
23.31
+0.25 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.08%
1 Week3.28%
2 Weeks12.5%
1 Month17.91%
3 Month52.15%
6 Month90.91%
12 Month47.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%5.8%
ATR Inc-22.95%
Range Today1.05
ADR(20)1.33
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.29
Mansfield0.95
10 Day High24
10 Day Low20
20 Day High24
20 Day Low19.75
52 Week High29.79
52 Week Low11.56
CS1 End22.66
CR1 Start23.32
Volume & EV
DER(3)1.23%
DER(5)1.53%
Volume126.00K
Volume Incr-38.09%
Vol(5)131.60K
Vol(50)195.55K