Technical Analysis for TCON - TRACON Pharmaceuticals, Inc.

Grade Last Price % Change Price Change
F 1.12 -30.00% -0.48
TCON closed down 30.0 percent on Monday, July 1, 2024, on 1.77 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
Stochastic Sell Signal Bearish -30.00%
20 DMA Support Bullish -30.00%
Crossed Above 50 DMA Bullish -30.00%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 6 hours ago
50 DMA Support about 9 hours ago
10 DMA Resistance about 9 hours ago
Fell Below 10 DMA about 9 hours ago
Gap Down Partially Closed about 10 hours ago

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Profile

TRACON Pharmaceuticals, Inc. Description

TRACON Pharmaceuticals, Inc., a biopharmaceutical company, focused on the development and commercialization of novel targeted therapeutics for cancer, age-related macular degeneration, and fibrotic diseases. Its lead product candidate is TRC105, which is in Phase II clinical trials for oncology indications, including soft tissue sarcoma, renal cell carcinoma, glioblastoma, and hepatocellular carcinoma. The company is planning for clinical trials of TRC105, including a Phase II clinical trial in patients with breast cancer and hepatocellular carcinoma, a Phase I clinical trial in patients with colorectal cancer, and a Phase I clinical trial in patients with lung cancer, as well as conducting preclinical studies of TRC105 in AMD. In addition, the company product candidates comprise TRC205, an anti-endoglin antibody that is in preclinical stage for the treatment of fibrotic diseases; and TRC102, a small molecule, which is in clinical development for the treatment of lung cancer and glioblastoma. The company was formerly known as Lexington Pharmaceuticals, Inc. and changed its name to TRACON Pharmaceuticals, Inc. in March 2005. TRACON Pharmaceuticals, Inc. was founded in 2004 and is headquartered in San Diego, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biopharmaceutical Cancer Drugs Clinical Development Breast Cancer Clinical Trial Treatment Of Breast Cancer Blastoma Colorectal Cancer Macular Degeneration Glioblastoma Lung Cancer Sarcoma Carcinoma Targeted Therapy Hepatocellular Carcinoma Age Related Macular Degeneration Renal Cell Carcinoma Soft Tissue Sarcoma Fibrotic Disease Therapeutics For Cancer Transgene Sa

Is TCON 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 14.746
52 Week Low 0.66
Average Volume 181,633
200-Day Moving Average 3.47
50-Day Moving Average 1.51
20-Day Moving Average 1.24
10-Day Moving Average 1.34
Average True Range 0.27
RSI (14) 40.83
ADX 21.85
+DI 21.12
-DI 28.50
Chandelier Exit (Long, 3 ATRs) 0.97
Chandelier Exit (Short, 3 ATRs) 1.46
Upper Bollinger Bands 1.56
Lower Bollinger Band 0.93
Percent B (%b) 0.3
BandWidth 50.66
MACD Line -0.08
MACD Signal Line -0.15
MACD Histogram 0.0615
Fundamentals Value
Market Cap 34.88 Million
Num Shares 31.1 Million
EPS -0.44
Price-to-Earnings (P/E) Ratio -2.55
Price-to-Sales 0.71
Price-to-Book 11.83
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.65
Resistance 3 (R3) 1.75 1.67 1.56
Resistance 2 (R2) 1.67 1.54 1.62 1.53
Resistance 1 (R1) 1.40 1.46 1.36 1.30 1.50
Pivot Point 1.32 1.32 1.31 1.27 1.32
Support 1 (S1) 1.05 1.19 1.01 0.95 0.74
Support 2 (S2) 0.97 1.11 0.92 0.71
Support 3 (S3) 0.70 0.97 0.68
Support 4 (S4) 0.60