Logo image of TCDA

TRICIDA INC (TCDA) Stock Technical Analysis

USA - Nasdaq - NASDAQ:TCDA - US89610F1012 - Common Stock

0.108 USD
-0.01 (-10%)
Last: 1/23/2023, 8:00:00 PM
0.084 USD
-0.02 (-22.22%)
After Hours: 1/23/2023, 8:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TCDA. TCDA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than TCDA.
TCDA is one of the lesser performing stocks in the Pharmaceuticals industry. 92% of 191 stocks in the same industry do better.
TCDA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TCDA has a been trading in the 0.09 - 0.26 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TCDA has an average volume of 12720100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
TRICIDA INC / TCDA Weekly stock chart
TRICIDA INC / TCDA Daily stock chart
Setup Rating and Analysis

3

The technical rating of TCDA is bad and it also does not present a quality setup 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

0.11

0.16

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TCDA is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TCDA is down.
ChartMill Relative Strength0.28NEGATIVETCDA has a low relative strength, it was outperformed by 99.72% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TCDA is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TCDA is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TCDA is below a declining SMA(200).
Relative Strength Index/RSI (14)24.4OVERSOLDThe low RSI value suggests TCDA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests TCDA has a positive trend, although the MACD value is declining.
Stochastics (14,3)4.42OVERSOLDThe low Stochastics value suggests TCDA may be oversold.
Average True Range in percent/ATR (20)24.24HIGH VOLATILITYThe high ATR as a percentage value for TCDA suggests high volalility.
Average Directional Index/ADX (14)43.64POSITIVEThe high ADX value value for TCDA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
TRICIDA INC / TCDA Daily stock chart

TRICIDA INC

NASDAQ:TCDA (1/23/2023, 8:00:00 PM)

After market: 0.084 -0.02 (-22.22%)

0.108

-0.01 (-10%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-10%
1 Week-27.27%
2 Weeks-38.04%
1 Month-34.62%
3 Month-71.8%
6 Month-98.82%
12 Month-98.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%24.24%
ATR Inc-23.68%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.28
3 months CRSN/A
6 months CRSN/A
Mansfield-9.85
10 Day High0.26
10 Day Low0.09
20 Day High0.26
20 Day Low0.09
52 Week High13.85
52 Week Low0.09
CS1 EndN/A
CR1 Start0.16
Volume & EV
DER(3)-7.71%
DER(5)-5.73%
Volume31.13M
Volume Incr303.71%
Vol(5)30.58M
Vol(50)12.72M

TRICIDA INC / TCDA FAQ

What is the ChartMill technical rating of TRICIDA INC (TCDA) stock?

ChartMill assigns a technical rating of 0 / 10 to TCDA.


Can you provide the trend direction for TRICIDA INC?

The current trend direction for TRICIDA INC (TCDA) is Bearish.


Can you provide the RSI signal for TRICIDA INC?

TRICIDA INC (TCDA) has an RSI value of 24.4024. This indicates that the stock is currently oversold.


Can you provide the MACD signal for TRICIDA INC?

The MACD indicator for TRICIDA INC (TCDA) has a value of 0.0396317, indicating a bearish trend.


What is the buy/sell signal for TRICIDA INC (TCDA) stock?

The buy/sell signal for TRICIDA INC (TCDA) is sell as both the short term and long term trends are negative.