TURN THERAPEUTICS INC (TTRX) Technical Analysis
NASDAQ:TTRX • US90021W1053
Current stock price
TTRX Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TTRX. In the last year, TTRX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than TTRX.
- TTRX is one of the lesser performing stocks in the Pharmaceuticals industry. 90% of 192 stocks in the same industry do better.
- Warning: TTRX has an average volume of 23420 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month TTRX has a been trading in the 3.01 - 3.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TTRX Weekly and Daily overview Charts
TTRX Setup Rating and Analysis
TTRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.51. Right above this resistance zone may be a good entry point.
More info and screens
TTRX Support and Resistance Analysis
3.08
We found 2 important support areas.
- A support zone ranging from 3.33 to 3.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.11 to 3.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.51 to 3.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.72 from a trend line in the daily time frame.
TTRX 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 | UP | POSITIVE | The long term trend for TTRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTRX is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TTRX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TTRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TTRX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for TTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TTRX has a positive trend. |
| Stochastics (14,3) | 59.53 | NEUTRAL | The Stochastics value for TTRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for TTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.63 | NEGATIVE | The low ADX value for TTRX suggests a weak or negative trend. |
TTRX Chart- and CandleStick Pattern Analysis
TTRX Technicals: Chart, Performance Metrics, Trend & Indicators
3.5
+0.14 (+4.17%)
TURN THERAPEUTICS INC / TTRX TA FAQ
What is the technical rating for TTRX stock?
ChartMill assigns a technical rating of 2 / 10 to TTRX.
What is the current trend direction of TURN THERAPEUTICS INC (TTRX) stock?
The current trend direction for TURN THERAPEUTICS INC (TTRX) is Bullish.
What is the RSI signal for TURN THERAPEUTICS INC (TTRX) stock?
TURN THERAPEUTICS INC (TTRX) has an RSI value of 52.0863. This indicates that the stock is currently neutral.
What is the MACD signal for TTRX stock?
The MACD indicator for TURN THERAPEUTICS INC (TTRX) has a value of 0.017471, indicating a bearish trend.