THERATECHNOLOGIES INC (THTX) Stock Technical Analysis
NASDAQ:THTX - Nasdaq - CA88338H7040 - Common Stock - Currency: USD
Taking everything into account, THTX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, THTX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
THTX is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 572 stocks in the same industry.
THTX 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 THTX is lagging the market slightly.
In the last month THTX has a been trading in the 1.37 - 2.06 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, THTX did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
THTX has an excellent technical rating, but the quality of the setup is only medium 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
1.16
1.90
6 important support areas can be observed.
- A support zone ranging from 1.83 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.54 from a trend line in the daily time frame.
- Support @1.51 from a trend line in the weekly time frame.
- Support @1.23 from a trend line in the weekly time frame.
- A support zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.88 from a horizontal 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
CRS91.24
Mansfield2.22
10 Day High2.06
10 Day Low1.56
20 Day High2.06
20 Day Low1.37
52 Week High2.18
52 Week Low1.08
Performance
1 Week13.19%
2 Weeks8.21%
1 Month6.65%
3 Month53.75%
6 Month39.25%
12 Month12.84%
2 Year-51.45%
3 Year-83.41%
5 Year-80.86%
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)0.04
RSI(14)58.91
LBB1.39
UBB1.98
1.845
-0.07 (-3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.91%
1 Week13.19%
2 Weeks8.21%
1 Month6.65%
3 Month53.75%
6 Month39.25%
12 Month12.84%
2 Year-51.45%
3 Year-83.41%
5 Year-80.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%7.33%
ATR Inc27.69%
Range Today0.19
ADR(20)0.13
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.24
Mansfield2.22
10 Day High2.06
10 Day Low1.56
20 Day High2.06
20 Day Low1.37
52 Week High2.18
52 Week Low1.08
CS1 End1.83
CR1 Start1.88
Volume & EV
DER(3)-3.76%
DER(5)-1.6%
Volume50.50K
Volume Incr97.38%
Vol(5)137.16K
Vol(50)121.87K