TELEFLEX INC (TFX) Technical Analysis
NYSE:TFX • US8793691069
Current stock price
TFX Technical Rating and Analysis
Taking everything into account, TFX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TFX is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- TFX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 75% of 188 stocks in the same industry.
- In the last month TFX has a been trading in the 103.08 - 126.16 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, TFX turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- TFX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TFX is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TFX Weekly and Daily overview Charts
TFX Setup Rating and Analysis
Although TFX has an excellent technical rating, it does not present a decent entry opportunity 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
TFX Support and Resistance Analysis
101.35
We found 3 important support areas.
- A support zone ranging from 114.20 to 115.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @107.34 from a trend line in the daily time frame.
- Support @102.37 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @126.53 from a horizontal line in the daily time frame.
- Resistance @129.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 131.92 to 133.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
TFX Technical Indicator Signal Analysis
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 TFX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TFX is up. |
| ChartMill Relative Strength | 53.66 | NEUTRAL | TFX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TFX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TFX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TFX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.58 | NEUTRAL | The RSI value for TFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.12 | POSITIVE | The MACD value suggests TFX has a positive trend. |
| Stochastics (14,3) | 92.79 | OVERBOUGHT | The high Stochastics value suggests TFX may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for TFX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.56 | NEUTRAL | The ADX value for TFX suggests a possible start of a new trend. |
TFX Chart- and CandleStick Pattern Analysis
TFX Technicals: Chart, Performance Metrics, Trend & Indicators
125.21
+2.03 (+1.65%)
TELEFLEX INC / TFX TA FAQ
What is the ChartMill technical rating of TELEFLEX INC (TFX) stock?
ChartMill assigns a technical rating of 8 / 10 to TFX.
What is the trend direction for TFX stock?
The current trend direction for TELEFLEX INC (TFX) is Bullish.
What is the RSI signal for TELEFLEX INC (TFX) stock?
TELEFLEX INC (TFX) has an RSI value of 67.5841. 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 1.11902, indicating a bullish trend.
What is the buy/sell signal for TFX stock?
The buy/sell signal for TELEFLEX INC (TFX) is buy as both the short term and long term trends are positive.