Londinia Opportunities Analyses - 09/16/2024 (GMT) TARSUS PHARMACEUTICALS INC. - 1H

TARSUS PHARMACEUTICALS INC.
0.026987 USD (+3.63%)
01/21/2025 - 15:01 Open 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: TARS
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on 09/16/2024 - 14:33
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 33.66 USD
My targets
35.65 USD (+4.23%)
36.35 USD (+6.29%)
My analysis
TARSUS PHARMACEUTICALS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 33.66 USD. The next resistance located at 35.65 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 36.35 USD. After this resistance, buyers could then target 38.98 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The TARSUS PHARMACEUTICALS INC. price is 34.20 USD. The price registered an increase of +2.83% on the session and was traded between 33.60 USD and 34.24 USD over the period. The price is currently at +1.79% from its lowest and -0.12% from its highest.

33.60
34.24
34.20

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0050100150200January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this TARSUS PHARMACEUTICALS INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 29.71 32.10 33.66 34.20 36.35 38.98 49.62
Change (%) -13.13% -6.14% -1.58% - +6.29% +13.98% +45.09%
Change -4.49 -2.10 -0.54 - +2.15 +4.78 +15.42
Level Major Intermediate Minor - Minor Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30.1730.8332.0532.7133.9334.5935.81
Camarilla32.7432.9233.0933.2633.4333.6133.78
Woodie30.4430.9732.3232.8534.2034.7336.08
Fibonacci30.8331.5532.0032.7133.4333.8834.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.5328.7330.9932.1934.4535.6537.91
Camarilla32.3132.6332.9433.2633.5833.8934.21
Woodie28.0729.0031.5332.4634.9935.9238.45
Fibonacci28.7330.0530.8732.1933.5134.3335.65


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.5516.8221.9625.2330.3733.6438.78
Camarilla24.8025.5726.3427.1127.8828.6529.42
Woodie14.5017.2922.9125.7031.3234.1139.73
Fibonacci16.8220.0322.0125.2328.4430.4233.64

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Buy16
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 77.12
MACD (12,26,9): 0.6800
Directional Movement: 27.96
AROON (14): 71.43
DEMA (21): 32.97
Parabolic SAR (0,02-0,02-0,2): 31.86
Elder Ray (13): 1.41
Super Trend (3,10): 32.15
Zig ZAG (10): 33.98
VORTEX (21): 1.1900
Stochastique (14,3,5): 95.36
TEMA (21): 33.07
Williams %R (14): -4.25
Chande Momentum Oscillator (20): 2.87
Repulse (5,40,3): 3.0400
ROCnROLL: 1
TRIX (15,9): 0.2400
Courbe Coppock: 8.28
MA7: 32.02
MA20: 28.60
MA50: 27.17
MA100: 29.95
MAexp7: 32.93
MAexp20: 32.10
MAexp50: 30.87
MAexp100: 29.45
Price / MA7: +6.81%
Price / MA20: +19.58%
Price / MA50: +25.87%
Price / MA100: +14.19%
Price / MAexp7: +3.86%
Price / MAexp20: +6.54%
Price / MAexp50: +10.79%
Price / MAexp100: +16.13%

Quotes : 09/16/2024 - 14:08 - 15 min delayed data - Actions NASDAQ