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(TCON) Tracon Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Tracon Pharmaceuticals | (TCON) share price targets

Complete technical analysis of Tracon Pharmaceuticals (TCON) by charts plus indicators, forecast predictions and share price targets for Tracon Pharmaceuticals (TCON)

Tracon Pharmaceuticals trades in USA in Health Care sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Tracon Pharmaceuticals is 4103240

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1.71	1.80	1.93	1.59	0.065 times
15 Mon Apr 2024	1.80	2.15	2.28	1.72	0.062 times
12 Fri Apr 2024	2.36	2.61	2.65	2.25	0.084 times
11 Thu Apr 2024	2.59	3.10	3.37	2.55	0.052 times
10 Wed Apr 2024	3.01	3.01	3.15	2.70	0.07 times
09 Tue Apr 2024	0.17	0.19	0.20	0.15	1.017 times
08 Mon Apr 2024	0.19	0.24	0.25	0.19	1.689 times
05 Fri Apr 2024	0.26	0.26	0.27	0.23	0.46 times
04 Thu Apr 2024	0.26	0.23	0.28	0.23	2.104 times
03 Wed Apr 2024	0.22	0.40	0.40	0.19	4.174 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.7, but if it comes below 1.7, then a intra day sell could be more profitable.
If you take a sell trade below 1.7, then use 1.7 as stoploss and 0.84 as target. However if you take a buy trade in stock , then use 1.7 as stoploss and 2.8 as target.

Share price targets for Tracon Pharmaceuticals (TCON)

Target Type	Value
Downside Target	0.14
Downside Target	0.15
Downside Target	0.16
Downside Target	0.17
Downside Target	0.19
Downside Target	0.20
Downside Target	0.22
Downside Target	0.23
Downside Target	0.29
Downside Target	0.39
Downside Target	0.44
Downside Target	0.50
Downside Target	0.55
Downside Target	0.74
Downside Target	1.59
Upside Target	2.28
Upside Target	3.37

Intraday share price targets for Tracon Pharmaceuticals (TCON)

Target Type	Value
Downside Intraday Target	1.44
Downside Intraday Target	1.17
Upside Intraday Target	2.13
Upside Intraday Target	2.55
Upside Intraday Target	1.86

Weekly technical analysis of Tracon Pharmaceuticals (TCON)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1.71	2.15	2.28	1.59	0.043 times
12 Fri Apr 2024	2.36	0.24	3.37	0.15	0.395 times
05 Fri Apr 2024	0.26	0.44	0.44	0.19	2.556 times
28 Thu Mar 2024	0.43	0.47	0.50	0.39	0.326 times
22 Fri Mar 2024	0.46	0.37	0.55	0.29	0.451 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tracon Pharmaceuticals (TCON)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1.71	0.44	3.37	0.15	0.29 times
28 Thu Mar 2024	0.43	0.18	0.74	0.17	11.063 times
29 Thu Feb 2024	0.18	0.19	0.20	0.16	0.565 times
31 Wed Jan 2024	0.19	0.18	0.23	0.14	0.347 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tracon Pharmaceuticals (TCON)

Price action analysis of Tracon Pharmaceuticals ( (TCON) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tracon Pharmaceuticals ( (TCON) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tracon Pharmaceuticals ( (TCON) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tracon Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Tracon Pharmaceuticals in short term and the buy signal is strong.

Tracon Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tracon Pharmaceuticals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Tracon Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.29 and Tracon Pharmaceuticals (TCON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Tracon Pharmaceuticals (TCON) stock. Volume based technical analysis of Tracon Pharmaceuticals (TCON) stock is negative.

Tracon Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.