TELEFLEX INC (TFX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TFX - US8793691069 - Common Stock
Taking everything into account, TFX scores 0 out of 10 in our technical rating. TFX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TFX is a bad performer in the overall market: 91% of all stocks are doing better.
- TFX is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, of which 66% are performing better than TFX.
- TFX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TFX has a been trading in the 102.68 - 127.49 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of TFX is bad and it also does not present a quality setup 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
101.97
We can see 5 important resistance areas.
- A resistance zone ranging from 116.58 to 117.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @120.57 from a horizontal line in the daily time frame.
- Resistance @123.29 from a trend line in the weekly time frame.
- Resistance @127.14 from a horizontal line in the daily time frame.
- A resistance zone ranging from 129.29 to 132.50. This zone is formed by a combination of multiple trend lines 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 TFX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TFX is down. |
| ChartMill Relative Strength | 9.82 | NEGATIVE | TFX has a low relative strength, it was outperformed by 90.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TFX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TFX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TFX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.43 | NEUTRAL | The RSI value for TFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.31 | NEGATIVE | The MACD value suggests TFX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.28 | OVERSOLD | The low Stochastics value suggests TFX may be oversold. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for TFX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.78 | POSITIVE | The high ADX value value for TFX suggests a strong trend. |
103
-1.61 (-1.54%)
TELEFLEX INC / TFX FAQ
What is the ChartMill technical rating of TELEFLEX INC (TFX) stock?
ChartMill assigns a technical rating of 0 / 10 to TFX.
What is the trend direction for TFX stock?
The current trend direction for TELEFLEX INC (TFX) is Bearish.
What is the RSI signal for TFX stock?
TELEFLEX INC (TFX) has an RSI value of 30.426. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TELEFLEX INC?
The short term momentum for TELEFLEX INC (TFX) is negative.
Can you provide the support and resistance levels for TELEFLEX INC?
TELEFLEX INC (TFX) has a resistance level at 116.58. Check the full technical report for our detailed analysis of TFX support and resistance levels.