Overall TCMD gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TCMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TCMD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.44
5 important support areas can be observed.
- Support @25.18 from a trend line in the daily time frame.
- A support zone ranging from 23.09 to 23.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.30 from a trend line in the daily time frame.
- Support @13.07 from a horizontal line in the daily time frame.
- Support @9.54 from a horizontal 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 | UP | POSITIVE | The long term trend for TCMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TCMD is up. |
| ChartMill Relative Strength | 95 | POSITIVE | TCMD has a high relative strength, it outperformed 95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TCMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TCMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TCMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.06 | OVERBOUGHT | The high RSI value suggests TCMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TCMD has a negative trend. |
| Stochastics (14,3) | 83.92 | OVERBOUGHT | The high Stochastics value suggests TCMD may be overbought. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for TCMD suggests high volalility. |
| Average Directional Index/ADX (14) | 58.01 | POSITIVE | The high ADX value value for TCMD suggests a strong trend. |
25.93
-0.13 (-0.5%)
TACTILE SYSTEMS TECHNOLOGY I / TCMD FAQ
Can you provide the ChartMill technical rating for TACTILE SYSTEMS TECHNOLOGY I?
ChartMill assigns a technical rating of 9 / 10 to TCMD.
What is the trend direction for TCMD stock?
The current trend direction for TACTILE SYSTEMS TECHNOLOGY I (TCMD) is Bullish.
What is the RSI signal for TCMD stock?
TACTILE SYSTEMS TECHNOLOGY I (TCMD) has an RSI value of 77.056. This indicates that the stock is currently overbought.
What is the short term momentum for TACTILE SYSTEMS TECHNOLOGY I (TCMD) stock?
The short term momentum for TACTILE SYSTEMS TECHNOLOGY I (TCMD) is positive.
What is the support and resistance level for TCMD stock?
TACTILE SYSTEMS TECHNOLOGY I (TCMD) has a support level at 25.18. Check the full technical report for our detailed analysis of TCMD support and resistance levels.