TAYSHA GENE THERAPIES INC (TSHA) Technical Analysis
NASDAQ:TSHA • US8776191061
Current stock price
TSHA Technical Rating and Analysis
Overall TSHA gets a technical rating of 4 out of 10. Although TSHA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that TSHA is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, TSHA also shows a nice and consistent pattern of rising prices.
- TSHA is part of the Biotechnology industry. There are 517 other stocks in this industry. TSHA outperforms 86% of them.
- TSHA has an average volume of 2676660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TSHA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSHA is lagging the market slightly.
- In the last month TSHA has a been trading in the 4.03 - 4.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TSHA Weekly and Daily overview Charts
TSHA Setup Rating and Analysis
Although the technical rating is only medium, TSHA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.11, a Stop Loss order could be placed below this zone.
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TSHA Support and Resistance Analysis
3.95
2 important support areas can be observed.
- A support zone ranging from 4.06 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.99 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.44 to 4.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.90 from a horizontal line in the daily time frame.
TSHA 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 | NEUTRAL | NEUTRAL | The long term trend for TSHA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSHA is down. |
| ChartMill Relative Strength | 96.62 | POSITIVE | TSHA has a high relative strength, it outperformed 96.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TSHA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TSHA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSHA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.93 | NEUTRAL | The RSI value for TSHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TSHA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.03 | NEUTRAL | The Stochastics value for TSHA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for TSHA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for TSHA suggests a weak or negative trend. |
TSHA Chart- and CandleStick Pattern Analysis
TSHA Technicals: Chart, Performance Metrics, Trend & Indicators
4.37
+0.06 (+1.39%)
TAYSHA GENE THERAPIES INC / TSHA TA FAQ
What is the ChartMill technical rating of TAYSHA GENE THERAPIES INC (TSHA) stock?
ChartMill assigns a technical rating of 4 / 10 to TSHA.
Can you provide the trend direction for TAYSHA GENE THERAPIES INC?
The current trend direction for TAYSHA GENE THERAPIES INC (TSHA) is Bearish.
What is the RSI signal for TAYSHA GENE THERAPIES INC (TSHA) stock?
TAYSHA GENE THERAPIES INC (TSHA) has an RSI value of 47.9337. This indicates that the stock is currently neutral.
What is the MACD signal for TSHA stock?
The MACD indicator for TAYSHA GENE THERAPIES INC (TSHA) has a value of -0.00204417, indicating a bearish trend.
What is the support and resistance level for TSHA stock?
TAYSHA GENE THERAPIES INC (TSHA) has a support level at 4.11 and a resistance level at 4.44. Check the full technical report for our detailed analysis of TSHA support and resistance levels.