TACTILE SYSTEMS TECHNOLOGY I (TCMD) Stock Technical Analysis
NASDAQ:TCMD - US87357P1003 - Common Stock
13 USD
-0.23 (-1.74%)
13 USD
0 (0%)
Overall TCMD gets a technical rating of 7 out of 10. TCMD has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
TCMD is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry. TCMD outperforms 76% of them.
In the last month TCMD has a been trading in the 9.60 - 13.82 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, TCMD did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TCMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TCMD is lagging the market.
TCMD has an excellent technical rating, but the quality of the setup is only medium 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
13.37
We found 2 important support areas.
- Support @9.81 from a horizontal line in the daily time frame.
- Support @9.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.07 to 13.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 73.57 | POSITIVE | TCMD has a high relative strength, it outperformed 73.57% 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) | DOWN | NEGATIVE | The current price of TCMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.42 | NEUTRAL | The RSI value for TCMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TCMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.34 | NEUTRAL | The Stochastics value for TCMD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for TCMD suggests some volalility. |
| Average Directional Index/ADX (14) | 43.05 | 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)
13
-0.23 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.74%
1 Week3.34%
2 Weeks6.82%
1 Month23.57%
3 Month31.58%
6 Month-9.03%
12 Month-5.04%
2 Year-31.4%
3 Year57.58%
5 Year-66.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%4.68%
ATR Inc-32.29%
Range Today0.28
ADR(20)0.54
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.57
Mansfield-1.4
10 Day High13.34
10 Day Low12.12
20 Day High13.83
20 Day Low9.6
52 Week High21.1
52 Week Low8.61
CS1 End9.81
CR1 Start13.07
Volume & EV
DER(3)2.64%
DER(5)2.43%
Volume196.40K
Volume Incr-29.98%
Vol(5)187.76K
Vol(50)232.98K