TELA BIO INC (TELA)
US8723811084 - Common Stock
We assign a technical rating of 3 out of 10 to TELA. Recently some decent action could be observed, but in the medium term time frame this is still negative. TELA was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TELA is a bad performer in the overall market: 87% of all stocks are doing better.
TELA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 67% of 188 stocks in the same industry do better.
TELA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TELA has a been trading in the 2.71 - 3.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
TELA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.97, a Stop Loss order could be placed below this zone.
More info and screens
2.84
3.58
We found 1 important support area.
- A support zone ranging from 2.87 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.04 to 3.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.54 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.91
Mansfield-4.62
10 Day High3.2
10 Day Low2.8
20 Day High3.26
20 Day Low2.72
52 Week High7.84
52 Week Low2.3
Performance
1 Week3.08%
2 Weeks-2.11%
1 Month5.24%
3 Month1.69%
6 Month-48.55%
12 Month-39.44%
2 Year-64.12%
3 Year-75.73%
5 Year-78.19%
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)-0.01
RSI(14)57.66
LBB2.83
UBB3.12
TELA BIO INC
NASDAQ:TELA (11/22/2024, 8:07:58 PM)
3.01
+0.12 (+4.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg4.15%
1 Week3.08%
2 Weeks-2.11%
1 Month5.24%
3 Month1.69%
6 Month-48.55%
12 Month-39.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%6%
ATR Inc
Range Today0.28
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 High3.2
10 Day Low2.8
20 Day High3.26
20 Day Low2.72
52 Week High7.84
52 Week Low2.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume119.80K
Volume Incr-65.54%
Vol(5)148.50K
Vol(50)240.50K