TALARIS THERAPEUTICS INC (TALS) Stock Technical Analysis
NASDAQ:TALS - Nasdaq - US87410C1045 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to TALS. Although TALS 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.
TALS is part of the Biotechnology industry. There are 571 other stocks in this industry. TALS outperforms 97% of them.
TALS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TALS is lagging the market slightly.
In the last month TALS has a been trading in the 2.53 - 3.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, TALS did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, TALS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.55
3.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.67 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.94 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.99 to 3.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.08 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield2.05
10 Day High3.13
10 Day Low2.53
20 Day High3.13
20 Day Low2.53
52 Week High3.29
52 Week Low0.89
Performance
1 Week0.74%
2 Weeks1.49%
1 Month-5.88%
3 Month-11.69%
6 Month10.57%
12 Month91.55%
2 Year-83.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)46.63
LBB2.51
UBB2.93
2.72
-0.02 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.73%
1 Week0.74%
2 Weeks1.49%
1 Month-5.88%
3 Month-11.69%
6 Month10.57%
12 Month91.55%
2 Year-83.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.58%
ATR Inc-9.34%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield2.05
10 Day High3.13
10 Day Low2.53
20 Day High3.13
20 Day Low2.53
52 Week High3.29
52 Week Low0.89
CS1 End2.69
CR1 Start2.94
Volume & EV
DER(3)-6.75%
DER(5)-1.14%
Volume305.20K
Volume Incr225.69%
Vol(5)375.36K
Vol(50)144.48K