We assign a technical rating of 5 out of 10 to TTRX. In the last year, TTRX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than TTRX.
- TTRX is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 90% are performing better than TTRX.
- In the last month TTRX has a been trading in the 3.90 - 5.51 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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.
- Considerably lower volume is observed in the last couple of days.
TTRX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.68
When analyzing the support we notice one important area.
- Support @2.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.94 from a trend line 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 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) | UP | MIXED | The current price of TTRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTRX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 45.13 | NEUTRAL | The RSI value for TTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TTRX has a negative trend. |
| Stochastics (14,3) | 19.01 | OVERSOLD | The low Stochastics value suggests TTRX may be oversold. |
| Average True Range in percent/ATR (20) | 11.07 | HIGH VOLATILITY | The high ATR as a percentage value for TTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.94 | POSITIVE | The high ADX value value for TTRX suggests a strong trend. |
4.12
-0.23 (-5.29%)
TURN THERAPEUTICS INC / TTRX FAQ
What is the technical rating for TTRX stock?
ChartMill assigns a technical rating of 5 / 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 TTRX stock?
TURN THERAPEUTICS INC (TTRX) has an RSI value of 45.1345. This indicates that the stock is currently neutral.
What is the short term momentum for TURN THERAPEUTICS INC (TTRX) stock?
The short term momentum for TURN THERAPEUTICS INC (TTRX) is neutral.
What is the support and resistance level for TTRX stock?
TURN THERAPEUTICS INC (TTRX) has a support level at 2.71 and a resistance level at 4.94. Check the full technical report for our detailed analysis of TTRX support and resistance levels.