TOURMALINE BIO INC (TRML) Stock Technical Analysis
NASDAQ:TRML - Nasdaq - US89157D1054 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TRML. In the past year, TRML was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TRML is one of the better performing stocks in the Biotechnology industry, it outperforms 86% of 566 stocks in the same industry.
In the last month TRML has a been trading in the 11.56 - 18.41 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TRML did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
TRML is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although TRML has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.09
18.99
We found 4 important support areas.
- A support zone ranging from 16.25 to 16.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.24 from a trend line in the weekly time frame.
- Support @12.53 from a horizontal line in the weekly time frame.
- Support @12.21 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @18.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 18.80 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield-0.05
10 Day High18.41
10 Day Low14.53
20 Day High18.41
20 Day Low11.56
52 Week High29.79
52 Week Low11.56
Performance
1 Week3.06%
2 Weeks22.93%
1 Month33.21%
3 Month11.15%
6 Month-32.13%
12 Month12.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.28
RSI(14)62.94
LBB13.35
UBB19.07
17.85
+0.64 (+3.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.72%
1 Week3.06%
2 Weeks22.93%
1 Month33.21%
3 Month11.15%
6 Month-32.13%
12 Month12.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%7.02%
ATR Inc54.64%
Range Today1.75
ADR(20)1.23
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield-0.05
10 Day High18.41
10 Day Low14.53
20 Day High18.41
20 Day Low11.56
52 Week High29.79
52 Week Low11.56
CS1 End16.33
CR1 Start18.15
Volume & EV
DER(3)4.93%
DER(5)4.85%
Volume295.50K
Volume Incr-26.47%
Vol(5)269.88K
Vol(50)339.53K