TELEFLEX INC (TFX) Stock Technical Analysis
NYSE:TFX - New York Stock Exchange, Inc. - US8793691069 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TFX. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than TFX.
TFX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 74% of 187 stocks in the same industry do better.
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.
TFX 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.
TFX 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 119.10, a Stop Loss order could be placed below this zone.
More info and screens
116.35
254.56
We found 1 important support area.
- A support zone ranging from 117.53 to 118.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 118.94 to 120.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 124.59 to 126.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @132.82 from a trend line in the daily time frame.
- Resistance @139.85 from a horizontal line in the daily time frame.
- Resistance @252.04 from a horizontal line in the weekly 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 | 7.66 | NEGATIVE | TFX has a low relative strength, it was outperformed by 92.34% 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) | 40.95 | NEUTRAL | The RSI value for TFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests TFX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.25 | NEUTRAL | The Stochastics value for TFX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for TFX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for TFX suggests a possible start of a new 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)
118.36
-1.11 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.93%
1 Week0.25%
2 Weeks-1.31%
1 Month-3.2%
3 Month-10.29%
6 Month-34.88%
12 Month-44.71%
2 Year-51.1%
3 Year-51.86%
5 Year-67.48%
10 Year-12.62%
15 Year118.06%
Volatility
ATR(14)2.5
ATR(20)%2.16%
ATR Inc-16.03%
Range Today2.59
ADR(20)2.51
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.66
Mansfield-3.88
10 Day High121.53
10 Day Low115.94
20 Day High126.87
20 Day Low115.94
52 Week High249.91
52 Week Low115.94
CS1 End119.1
CR1 Start120.15
Volume & EV
DER(3)-0.31%
DER(5)-0.05%
Volume1.03M
Volume Incr19.15%
Vol(5)587.26K
Vol(50)568.07K