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TARO PHARMACEUTICAL INDUS (TARO) Stock Technical Analysis

NYSE:TARO - New York Stock Exchange, Inc. - IL0010827181 - Common Stock - Currency: USD

42.97  0 (0%)

After market: 42.97 0 (0%)

Technical Rating and Analysis

6

Overall TARO gets a technical rating of 6 out of 10. In the last year, TARO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

The long and short term trends are both positive. This is looking good!
TARO is part of the Pharmaceuticals industry. There are 194 other stocks in this industry. TARO outperforms 77% of them.
TARO 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 TARO is lagging the market slightly.
When comparing the performance of all stocks over the past year, TARO turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
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.
Weekly and Daily overview Charts
TARO PHARMACEUTICAL INDUS / TARO Weekly stock chart
TARO PHARMACEUTICAL INDUS / TARO Daily stock chart
Setup Rating and Analysis

5

TARO has an average technical rating and also 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.

Support and Resistance Analysis

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.

We found 1 important resistance 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
TARO PHARMACEUTICAL INDUS / TARO Daily stock chart

TARO PHARMACEUTICAL INDUS

NYSE:TARO (6/21/2024, 8:26:37 PM)

After market: 42.97 0 (0%)

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