Technical Analysis for TARS - Tarsus Pharmaceuticals, Inc.

Grade Last Price % Change Price Change
B 33.71 4.40% 1.42
TARS closed up 4.4 percent on Tuesday, April 23, 2024, on 32 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 7
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Stochastic Buy Signal Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Bollinger Band Squeeze Range Contraction 4.40%
Lower Bollinger Band Walk Weakness 4.40%
BB Squeeze + Lower Band Touch Range Contraction 4.40%
Inside Day Range Contraction 4.40%
Gapped Up Strength 4.40%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 16 hours ago
Up 5% about 16 hours ago
60 Minute Opening Range Breakout about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
Rose Above 50 DMA about 17 hours ago

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Profile

Tarsus Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel therapeutic candidates for ophthalmic conditions. Its lead product candidate is TP-03, a novel therapeutic that is in Phase IIb/III for the treatment of blepharitis caused by the infestation of Demodex mites, as well as to treat meibomian gland disease. The company is also developing TP-04 for the treatment of rosacea; and TP-05 for Lyme prophylaxis and community malaria reduction. Tarsus Pharmaceuticals, Inc. was founded in 2016 and is headquartered in Irvine, California.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Organ Systems Ophthalmic Malaria Rosacea Blepharitis Meibomian Gland

Is TARS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 40.4
52 Week Low 12.66
Average Volume 716,610
200-Day Moving Average 22.42
50-Day Moving Average 33.81
20-Day Moving Average 34.96
10-Day Moving Average 34.59
Average True Range 1.90
RSI (14) 48.45
ADX 21.33
+DI 20.24
-DI 17.93
Chandelier Exit (Long, 3 ATRs) 32.77
Chandelier Exit (Short, 3 ATRs) 37.41
Upper Bollinger Bands 37.80
Lower Bollinger Band 32.11
Percent B (%b) 0.28
BandWidth 16.25
MACD Line -0.01
MACD Signal Line 0.45
MACD Histogram -0.4665
Fundamentals Value
Market Cap 1.12 Billion
Num Shares 33.1 Million
EPS -3.84
Price-to-Earnings (P/E) Ratio -8.78
Price-to-Sales 72.00
Price-to-Book 4.83
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.67
Resistance 3 (R3) 36.47 35.29 36.17
Resistance 2 (R2) 35.29 34.54 35.39 36.01
Resistance 1 (R1) 34.50 34.07 34.90 34.70 35.84
Pivot Point 33.32 33.32 33.52 33.42 33.32
Support 1 (S1) 32.53 32.57 32.93 32.73 31.58
Support 2 (S2) 31.35 32.10 31.45 31.41
Support 3 (S3) 30.56 31.35 31.25
Support 4 (S4) 30.76