TARO PHARMACEUTICAL INDUS (TARO) Stock Technical Analysis
NYSE:TARO - New York Stock Exchange, Inc. - IL0010827181 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to TARO. TARO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
TARO is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 78% of 198 stocks in the same industry.
TARO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TARO slightly outperforms the market at the moment.
When compared to the yearly performance of all other stocks, TARO outperforms 68% of them, which is more or less in line with the market.
In the last month TARO has a been trading in a tight range between 42.41 and 43.03.
Volume is considerably higher in the last couple of days.
TARO 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
40.55
43.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 41.94 to 42.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.96 to 41.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.11 to 43.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.84
Mansfield-0.54
10 Day High43.03
10 Day Low42.65
20 Day High43.03
20 Day Low42.41
52 Week High45.76
52 Week Low32.67
Performance
1 Week0.54%
2 Weeks0.28%
1 Month0.44%
3 Month2.09%
6 Month1.56%
12 Month10.83%
2 Year18.83%
3 Year-40.29%
5 Year-49.7%
10 Year-69.36%
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)64.79
LBB42.64
UBB42.97
42.97
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week0.54%
2 Weeks0.28%
1 Month0.44%
3 Month2.09%
6 Month1.56%
12 Month10.83%
2 Year18.83%
3 Year-40.29%
5 Year-49.7%
10 Year-69.36%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.31%
ATR Inc26.27%
Range Today0.09
ADR(20)0.12
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.84
Mansfield-0.54
10 Day High43.03
10 Day Low42.65
20 Day High43.03
20 Day Low42.41
52 Week High45.76
52 Week Low32.67
CS1 End42.8
CR1 Start43.11
Volume & EV
DER(3)-0.55%
DER(5)1.24%
Volume242.10K
Volume Incr392.61%
Vol(5)145.32K
Vol(50)38.00K