TELEFLEX INC (TFX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TFX - US8793691069 - Common Stock
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.
Although the technical rating is bad, TFX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 119.38. Right above this resistance zone may be a good entry point.
More info and screens
109.13
5 important resistance areas can be observed.
- A resistance zone ranging from 119.38 to 121.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @123.70 from a trend line in the weekly time frame.
- Resistance @126.88 from a trend line in the daily time frame.
- A resistance zone ranging from 131.73 to 132.50. This zone is formed by a combination of multiple trend lines 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 | 12.32 | NEGATIVE | TFX has a low relative strength, it was outperformed by 87.68% 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) | 42.38 | NEUTRAL | The RSI value for TFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests TFX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.26 | OVERSOLD | The low Stochastics value suggests TFX may be oversold. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for TFX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.02 | POSITIVE | The high ADX value value for TFX suggests a strong trend. |
110.23
+5.59 (+5.34%)
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.
Can you provide the trend direction for TELEFLEX INC?
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 42.3842. This indicates that the stock is currently neutral.
What is the MACD signal for TELEFLEX INC (TFX) stock?
The MACD indicator for TELEFLEX INC (TFX) has a value of -0.594835, indicating a bearish trend.
What are the support and resistance levels for TELEFLEX INC (TFX) stock?
TELEFLEX INC (TFX) has a resistance level at 119.38. Check the full technical report for our detailed analysis of TFX support and resistance levels.