TARSUS PHARMACEUTICALS INC (TARS)

US87650L1035 - Common Stock

43.87  -2.78 (-5.96%)

Technical Rating and Analysis

10

Overall TARS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TARS is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TARS did better than 97% of all other stocks. We also observe that the gains produced by TARS over the past year are nicely spread over this period.
TARS is part of the Pharmaceuticals industry. There are 194 other stocks in this industry. TARS outperforms 93% of them.
TARS 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 TARS is lagging the market slightly.
TARS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
TARS Weekly chart
TARS Daily chart
Setup Rating and Analysis

4

Although TARS has an excellent technical rating, the quality of the presented setup is 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.

Support and Resistance Analysis

24.74

47.67

We found 3 important support areas.

  • Support @42.72 from a trend line in the daily time frame.
  • Support @40.59 from a trend line in the daily time frame.
  • Support @24.99 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 46.50 to 47.20. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS97.66
Mansfield3.69
10 Day High52.99
10 Day Low43.77
20 Day High52.99
20 Day Low35.84
52 Week High52.99
52 Week Low15.6
Performance
1 Week-0.3%
2 Weeks4.86%
1 Month25.84%
3 Month81.59%
6 Month21.99%
12 Month147.35%
2 Year177.51%
3 Year75.38%
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)-0.08
RSI(14)66.36
LBB41.4
UBB50.71
TARS Daily chart

TARSUS PHARMACEUTICALS INC

NASDAQ:TARS (11/15/2024, 10:01:00 AM)

43.87

-2.78 (-5.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-5.96%
1 Week-0.3%
2 Weeks4.86%
1 Month25.84%
3 Month81.59%
6 Month21.99%
12 Month147.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.59
ATR(20)%6.35%
ATR Inc
Range Today3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.99
10 Day Low43.77
20 Day High52.99
20 Day Low35.84
52 Week High52.99
52 Week Low15.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume157.14K
Volume Incr-8.35%
Vol(5)856.78K
Vol(50)761.74K