Taiwan Liposome Company Ltd ADR (TLC) Stock Technical Analysis
NASDAQ:TLC - Nasdaq -
Overall TLC gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: TLC has an average volume of 19314 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TLC did better than 84% of all other stocks. We also observe that the gains produced by TLC over the past year are nicely spread over this period.
TLC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TLC is performing more or less in line with the market.
In the last month TLC has a been trading in the 6.65 - 7.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TLC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TLC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.19
7.13
4 important support areas can be observed.
- A support zone ranging from 6.91 to 6.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.75 from a horizontal line in the daily time frame.
- Support @4.64 from a trend line in the weekly time frame.
- Support @4.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.05 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.9
Mansfield1.6
10 Day High7.35
10 Day Low6.65
20 Day High7.7
20 Day Low6.65
52 Week High7.7
52 Week Low4.07
Performance
1 Week0.79%
2 Weeks-2.23%
1 Month-2.78%
3 Month22.16%
6 Month16.28%
12 Month59.45%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.03
RSI(14)47.22
LBB6.84
UBB7.31
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.07 | 6.90 | 0.17 (2.40%) | 25.00% |
| An entry @7.07. This is a Buy Stop order right above the resistance zone. | An exit @6.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.17 points, which is 2.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The distance between exit and entry is rather small compared to the average daily movement of TLC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Taiwan Liposome Company Ltd ADR
NASDAQ:TLC (9/28/2021, 8:00:01 PM)
7
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.79%
2 Weeks-2.23%
1 Month-2.78%
3 Month22.16%
6 Month16.28%
12 Month59.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.74%
ATR Inc-44.43%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.9
Mansfield1.6
10 Day High7.35
10 Day Low6.65
20 Day High7.7
20 Day Low6.65
52 Week High7.7
52 Week Low4.07
CS1 End6.99
CR1 Start7.05
Volume & EV
DER(3)6.39%
DER(5)7.1%
Volume12.40K
Volume Incr20.86%
Vol(5)17.96K
Vol(50)19.31K