THERATECHNOLOGIES INC (TH.CA) Stock Technical Analysis
TSX:TH - Toronto Stock Exchange - CA88338H7040 - Common Stock - Currency: CAD
Taking everything into account, TH scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
TH is part of the Biotechnology industry. There are 25 other stocks in this industry. TH outperforms 87% of them.
In the last month TH has a been trading in the 2.03 - 2.85 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, TH did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TH is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TH has an excellent technical rating, it does not offer a high 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.
More info and screens
1.65
2.73
We found 5 important support areas.
- Support @2.24 from a trend line in the weekly time frame.
- Support @2.20 from a trend line in the daily time frame.
- Support @1.80 from a trend line in the daily time frame.
- Support @1.77 from a trend line in the weekly time frame.
- Support @1.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.65 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.84
Mansfield2.61
10 Day High2.85
10 Day Low2.22
20 Day High2.85
20 Day Low2.03
52 Week High3.13
52 Week Low1.59
Performance
1 Week14.29%
2 Weeks8.2%
1 Month6.45%
3 Month58.08%
6 Month48.31%
12 Month20%
2 Year-48.84%
3 Year-81.36%
5 Year-78.85%
10 Year-13.16%
15 Year-86.25%
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)0.05
RSI(14)59.2
LBB1.99
UBB2.82
TSX:TH (2/21/2025, 7:00:00 PM)
2.64
-0.08 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.94%
1 Week14.29%
2 Weeks8.2%
1 Month6.45%
3 Month58.08%
6 Month48.31%
12 Month20%
2 Year-48.84%
3 Year-81.36%
5 Year-78.85%
10 Year-13.16%
15 Year-86.25%
Volatility
ATR(14)0.19
ATR(20)%6.46%
ATR Inc-0.77%
Range Today0.18
ADR(20)0.16
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.84
Mansfield2.61
10 Day High2.85
10 Day Low2.22
20 Day High2.85
20 Day Low2.03
52 Week High3.13
52 Week Low1.59
CS1 End2.24
CR1 Start2.65
Volume & EV
DER(3)-9.8%
DER(5)-10.59%
Volume76.92K
Volume Incr201.14%
Vol(5)108.83K
Vol(50)58.24K