We assign a technical rating of 8 out of 10 to TARA. Both in the recent history as in the last year, TARA has proven to be a steady performer, scoring decent points in every aspect analyzed.
TARA has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
3.29
When analyzing the support we can see 6 important areas.
- A support zone ranging from 5.57 to 5.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.17 from a trend line in the daily time frame.
- Support @4.82 from a trend line in the weekly time frame.
- Support @4.22 from a horizontal line in the daily time frame.
- Support @3.55 from a trend line in the weekly time frame.
- Support @3.32 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.02 to 6.11. 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 TARA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TARA is neutral. |
| ChartMill Relative Strength | 90.85 | POSITIVE | TARA has a high relative strength, it outperformed 90.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TARA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TARA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TARA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for TARA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TARA has a negative trend. |
| Stochastics (14,3) | 27.15 | NEUTRAL | The Stochastics value for TARA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.57 | HIGH VOLATILITY | The high ATR as a percentage value for TARA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.14 | POSITIVE | The high ADX value value for TARA suggests a strong trend. |
5.7
-0.31 (-5.16%)
PROTARA THERAPEUTIC INC / TARA FAQ
What is the technical rating for TARA stock?
ChartMill assigns a technical rating of 8 / 10 to TARA.
Can you provide the trend direction for PROTARA THERAPEUTIC INC?
The current trend direction for PROTARA THERAPEUTIC INC (TARA) is Bullish.
What is the RSI signal for TARA stock?
PROTARA THERAPEUTIC INC (TARA) has an RSI value of 46.115. This indicates that the stock is currently neutral.
What is the MACD signal for PROTARA THERAPEUTIC INC (TARA) stock?
The MACD indicator for PROTARA THERAPEUTIC INC (TARA) has a value of -0.183368, indicating a bearish trend.
Can you provide the short term momentum for PROTARA THERAPEUTIC INC?
The short term momentum for PROTARA THERAPEUTIC INC (TARA) is neutral.