TAYSHA GENE THERAPIES INC (TSHA) Stock Technical Analysis
USA - NASDAQ:TSHA - US8776191061 - Common Stock
Overall TSHA gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although TSHA has an excellent technical rating, it does not present a decent entry opportunity 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.
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2.81
When analyzing the support we can see 5 important areas.
- Support @3.36 from a trend line in the daily time frame.
- Support @3.30 from a trend line in the weekly time frame.
- Support @3.18 from a trend line in the daily time frame.
- Support @3.09 from a trend line in the weekly time frame.
- Support @2.84 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.76 to 4.78. 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 | 96.72 | POSITIVE | TSHA has a high relative strength, it outperformed 96.72% 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) | UP | MIXED | The current price of TSHA is below the rising 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) | 37.39 | NEUTRAL | The RSI value for TSHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests TSHA has a negative trend. |
| Stochastics (14,3) | 6.73 | OVERSOLD | The low Stochastics value suggests TSHA may be oversold. |
| Average True Range in percent/ATR (20) | 11.09 | HIGH VOLATILITY | The high ATR as a percentage value for TSHA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for TSHA suggests a strong trend. |
3.83
-0.09 (-2.3%)
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 8 / 10 to TSHA.
What is the current trend direction of TAYSHA GENE THERAPIES INC (TSHA) stock?
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 37.3932. This indicates that the stock is currently neutral.
What is the short term momentum for TAYSHA GENE THERAPIES INC (TSHA) stock?
The short term momentum for TAYSHA GENE THERAPIES INC (TSHA) is negative.
What are the support and resistance levels for TAYSHA GENE THERAPIES INC (TSHA) stock?
TAYSHA GENE THERAPIES INC (TSHA) has a support level at 3.36 and a resistance level at 4.76. Check the full technical report for our detailed analysis of TSHA support and resistance levels.