PROTARA THERAPEUTIC INC (TARA) Stock Technical Analysis
NASDAQ:TARA - Nasdaq - US74365U1079 - Common Stock
Taking everything into account, TARA scores 6 out of 10 in our technical rating. In the last year, TARA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TARA has a been trading in the 4.51 - 6.20 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.
TARA is one of the better performing stocks in the Biotechnology industry, it outperforms 96% of 572 stocks in the same industry.
TARA has an average volume of 2881330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that TARA is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TARA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TARA is lagging the market.
Considerably lower volume is observed in the last couple of days.
TARA has an average technical rating and the quality of the presented setup is also not ideal 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
3.11
5.89
2 important support areas can be observed.
- A support zone ranging from 4.54 to 4.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.14 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @5.83 from a trend 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
CRS96.55
Mansfield3.98
10 Day High6.2
10 Day Low4.51
20 Day High6.2
20 Day Low4.51
52 Week High10.48
52 Week Low1.6
Performance
1 Week-10.36%
2 Weeks-22.48%
1 Month-7.75%
3 Month110.62%
6 Month102.55%
12 Month83.08%
2 Year45.79%
3 Year-8.64%
5 Year-85.35%
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)-0.21
RSI(14)45.6
LBB4.29
UBB6.36
PROTARA THERAPEUTIC INC
NASDAQ:TARA (1/22/2025, 12:54:00 PM)
4.71
-0.05 (-1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.05%
1 Week-10.36%
2 Weeks-22.48%
1 Month-7.75%
3 Month110.62%
6 Month102.55%
12 Month83.08%
2 Year45.79%
3 Year-8.64%
5 Year-85.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%8.43%
ATR Inc-52.44%
Range Today0.09
ADR(20)0.39
ADR(20)%8.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.55
Mansfield3.98
10 Day High6.2
10 Day Low4.51
20 Day High6.2
20 Day Low4.51
52 Week High10.48
52 Week Low1.6
CS1 End4.54
CR1 Start5.83
Volume & EV
DER(3)1.49%
DER(5)-1.99%
Volume38.92K
Volume Incr-49.13%
Vol(5)346.02K
Vol(50)2.88M