Taking everything into account, TCMD scores 9 out of 10 in our technical rating. 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.
TCMD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for TCMD in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.80
3 important support areas can be observed.
- Support @28.56 from a trend line in the daily time frame.
- A support zone ranging from 27.40 to 27.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.00 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 | 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 | 96.71 | POSITIVE | TCMD has a high relative strength, it outperformed 96.71% 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) | 62.51 | NEUTRAL | The RSI value for TCMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TCMD has a negative trend. |
| Stochastics (14,3) | 84.21 | OVERBOUGHT | The high Stochastics value suggests TCMD may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for TCMD suggests some volalility. |
| Average Directional Index/ADX (14) | 45.64 | POSITIVE | The high ADX value value for TCMD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.14 | 28.55 | 2.59 (8.32%) | 12.02% |
| An entry @31.14. This is a Buy Stop order right above the 10 day high. | An exit @28.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.59 points, which is 8.32%. | When investing 12.02% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.24
-0.49 (-1.59%)
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 current trend direction of TACTILE SYSTEMS TECHNOLOGY I (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 62.511. This indicates that the stock is currently neutral.
What is the MACD signal for TCMD stock?
The MACD indicator for TACTILE SYSTEMS TECHNOLOGY I (TCMD) has a value of -0.125217, indicating a bearish trend.
What are the support and resistance levels for TACTILE SYSTEMS TECHNOLOGY I (TCMD) stock?
TACTILE SYSTEMS TECHNOLOGY I (TCMD) has a support level at 28.56. Check the full technical report for our detailed analysis of TCMD support and resistance levels.