TURNSTONE BIOLOGICS CORP (TSBX) Stock Technical Analysis
NASDAQ:TSBX - Nasdaq - US90042W1009 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TSBX. TSBX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than TSBX.
TSBX is part of the Biotechnology industry. There are 550 other stocks in this industry, of which 76% are performing better than TSBX.
TSBX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TSBX has a been trading in the 0.35 - 0.37 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TSBX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.36. Right above this resistance zone may be a good entry point. 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
0.31
0.39
3 important support areas can be observed.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @0.31 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.38 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for TSBX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TSBX is neutral. |
| ChartMill Relative Strength | 4.63 | NEGATIVE | TSBX has a low relative strength, it was outperformed by 95.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSBX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TSBX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TSBX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.25 | NEUTRAL | The RSI value for TSBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TSBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.19 | NEUTRAL | The Stochastics value for TSBX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for TSBX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.67 | NEGATIVE | The low ADX value for TSBX suggests a weak or negative 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)
NASDAQ:TSBX (8/8/2025, 8:09:47 PM)
0.355
+0.01 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.43%
1 Week1.37%
2 Weeks-1.39%
1 Month-3.56%
3 Month4.44%
6 Month-20.37%
12 Month-84.63%
2 Year-96.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%2.62%
ATR Inc65.2%
Range Today0.01
ADR(20)0.01
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.63
Mansfield-2.77
10 Day High0.36
10 Day Low0.35
20 Day High0.37
20 Day Low0.35
52 Week High2.4
52 Week Low0.29
CS1 End0.35
CR1 Start0.36
Volume & EV
DER(3)-21.4%
DER(5)-6.48%
Volume283.70K
Volume Incr214.08%
Vol(5)296.88K
Vol(50)480.97K