TAYSHA GENE THERAPIES INC (TSHA) Technical Analysis
NASDAQ:TSHA • US8776191061
Overall TSHA gets a technical rating of 5 out of 10. TSHA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month TSHA has a been trading in the 4.37 - 5.07 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that TSHA is one of the better performing stocks in the market, outperforming 94% 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 520 other stocks in this industry. TSHA outperforms 85% of them.
- TSHA has an average volume of 2576870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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.
Although the technical rating is only medium, TSHA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.50, a Stop Loss order could be placed below this zone.
More info and screens
4.36
We found 1 important support area.
- A support zone ranging from 4.40 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.57 to 4.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.90 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TSHA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TSHA is down. |
| ChartMill Relative Strength | 94.92 | POSITIVE | TSHA has a high relative strength, it outperformed 94.92% 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) | 44.12 | NEUTRAL | The RSI value for TSHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TSHA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.4 | NEUTRAL | The Stochastics value for TSHA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for TSHA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.4 | NEGATIVE | The low ADX value for TSHA suggests a weak or negative trend. |
TSHA Technicals: Chart, Performance Metrics, Trend & Indicators
4.53
0 (0%)
TAYSHA GENE THERAPIES INC / TSHA FAQ
What is the ChartMill technical rating of TAYSHA GENE THERAPIES INC (TSHA) stock?
ChartMill assigns a technical rating of 5 / 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 Bullish.
What is the RSI signal for TSHA stock?
TAYSHA GENE THERAPIES INC (TSHA) has an RSI value of 44.1244. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TAYSHA GENE THERAPIES INC?
The MACD indicator for TAYSHA GENE THERAPIES INC (TSHA) has a value of 0.000125608, indicating a bearish trend.
Can you provide the buy/sell signal for TAYSHA GENE THERAPIES INC?
The buy/sell signal for TAYSHA GENE THERAPIES INC (TSHA) is hold as the short term and long term trends are mixed.