TELA BIO INC (TELA)

US8723811084 - Common Stock

2.91  +0.03 (+1.04%)

After market: 2.91 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, TELA scores 3 out of 10 in our technical rating. In the past year, TELA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than TELA.
TELA is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 73% of 187 stocks in the same industry do better.
TELA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TELA is lagging the market.
In the last month TELA has a been trading in the 2.68 - 3.12 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.
Weekly and Daily overview Charts
TELA Weekly chart
TELA Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, TELA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.70

3.18

We found 2 important support areas.

  • A support zone ranging from 2.85 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.73 to 2.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 2.91 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 3.15 to 3.15. 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
CRS10.97
Mansfield-4.18
10 Day High3.1
10 Day Low2.71
20 Day High3.12
20 Day Low2.68
52 Week High7.84
52 Week Low2.3
Performance
1 Week-0.34%
2 Weeks2.11%
1 Month0.69%
3 Month7.78%
6 Month-33.56%
12 Month-57.7%
2 Year-74.87%
3 Year-76.17%
5 Year-80.47%
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)50.73
LBB2.73
UBB3.01
TELA Daily chart

TELA BIO INC

NASDAQ:TELA (1/3/2025, 8:05:24 PM)

After market: 2.91 0 (0%)

2.91

+0.03 (+1.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.04%
1 Week-0.34%
2 Weeks2.11%
1 Month0.69%
3 Month7.78%
6 Month-33.56%
12 Month-57.7%
2 Year-74.87%
3 Year-76.17%
5 Year-80.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%6.63%
ATR Inc7.04%
Range Today0.17
ADR(20)0.19
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.97
Mansfield-4.18
10 Day High3.1
10 Day Low2.71
20 Day High3.12
20 Day Low2.68
52 Week High7.84
52 Week Low2.3
CS1 End2.9
CR1 Start2.91
Volume & EV
DER(3)-4.08%
DER(5)-1.99%
Volume88.00K
Volume Incr-53.99%
Vol(5)93.04K
Vol(50)282.75K