TACTILE SYSTEMS TECHNOLOGY I (TCMD) Stock Technical Analysis
NASDAQ:TCMD - Nasdaq - US87357P1003 - Common Stock - Currency: USD
Taking everything into account, TCMD scores 0 out of 10 in our technical rating. TCMD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than TCMD.
TCMD is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 62% are performing better than TCMD.
TCMD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TCMD is lagging the market.
TCMD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TCMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.41, a Stop Loss order could be placed below this zone.
More info and screens
9.32
15.73
When analyzing the support we notice one important area.
- A support zone ranging from 9.41 to 9.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.27 to 10.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.91 from a trend line in the daily time frame.
- Resistance @13.40 from a trend line in the weekly time frame.
- Resistance @15.57 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TCMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TCMD is down. |
| ChartMill Relative Strength | 13.76 | NEGATIVE | TCMD has a low relative strength, it was outperformed by 86.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TCMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TCMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TCMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.58 | NEUTRAL | The RSI value for TCMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TCMD has a positive trend. |
| Stochastics (14,3) | 43.72 | NEUTRAL | The Stochastics value for TCMD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for TCMD suggests high volalility. |
| Average Directional Index/ADX (14) | 42.93 | POSITIVE | The high ADX value value for TCMD suggests a strong trend. |
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)
9.88
-0.02 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.2%
1 Week0.71%
2 Weeks2.38%
1 Month-28.56%
3 Month-30.86%
6 Month-49.44%
12 Month-22.39%
2 Year-53%
3 Year-2.76%
5 Year-79.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%6.87%
ATR Inc-12.43%
Range Today0.33
ADR(20)0.46
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.76
Mansfield-3.25
10 Day High10.56
10 Day Low9.34
20 Day High14.22
20 Day Low8.61
52 Week High21.1
52 Week Low8.61
CS1 End9.41
CR1 Start10.27
Volume & EV
DER(3)-1.02%
DER(5)2.15%
Volume302.70K
Volume Incr-23.26%
Vol(5)342.34K
Vol(50)316.62K