THERATECHNOLOGIES INC (THTX) Stock Technical Analysis
NASDAQ:THTX - Nasdaq - CA88338H7040 - Common Stock - Currency: USD
Taking everything into account, THTX scores 10 out of 10 in our technical rating. THTX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, THTX did better than 97% of all other stocks. We also observe that the gains produced by THTX over the past year are nicely spread over this period.
THTX is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 568 stocks in the same industry.
THTX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so THTX slightly outperforms the market at the moment.
In the last month THTX has a been trading in the 1.23 - 3.13 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.
THTX has an average volume of 3635280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although THTX has an excellent technical rating, it does not present a decent entry opportunity 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
1.19
2.55
3 important support areas can be observed.
- Support @1.34 from a trend line in the daily time frame.
- Support @1.26 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.56
Mansfield8.55
10 Day High3.13
10 Day Low1.23
20 Day High3.13
20 Day Low1.23
52 Week High3.13
52 Week Low1.08
Performance
1 Week89.47%
2 Weeks78.72%
1 Month55.56%
3 Month46.51%
6 Month89.47%
12 Month85.29%
2 Year-30.96%
3 Year-73.19%
5 Year-74.8%
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)0.13
RSI(14)68.87
LBB0.8
UBB2.83
2.52
-0.05 (-1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.95%
1 Week89.47%
2 Weeks78.72%
1 Month55.56%
3 Month46.51%
6 Month89.47%
12 Month85.29%
2 Year-30.96%
3 Year-73.19%
5 Year-74.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%11.63%
ATR Inc-31.65%
Range Today0.16
ADR(20)0.25
ADR(20)%9.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.56
Mansfield8.55
10 Day High3.13
10 Day Low1.23
20 Day High3.13
20 Day Low1.23
52 Week High3.13
52 Week Low1.08
CS1 End1.34
CR1 StartN/A
Volume & EV
DER(3)-0.11%
DER(5)0.91%
Volume771.90K
Volume Incr649.23%
Vol(5)23.31M
Vol(50)3.64M