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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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: 94% of all stocks are doing better.
TFX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 73% 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.
In the last month TFX has a been trading in the 108.90 - 123.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
113.43
254.56
When analyzing the support we notice one important area.
- A support zone ranging from 114.58 to 117.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
5 important resistance areas can be observed.
- Resistance @125.44 from a horizontal line in the daily time frame.
- Resistance @129.29 from a horizontal line in the daily time frame.
- Resistance @139.85 from a horizontal line in the daily time frame.
- Resistance @150.17 from a trend 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 | 6.14 | NEGATIVE | TFX has a low relative strength, it was outperformed by 93.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TFX is above 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) | 49.57 | NEUTRAL | The RSI value for TFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TFX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.28 | NEUTRAL | The Stochastics value for TFX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for TFX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.78 | 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)
117.24
+2.04 (+1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.77%
1 Week3.46%
2 Weeks-1.42%
1 Month-2.38%
3 Month-13.29%
6 Month-35.22%
12 Month-46.78%
2 Year-53.32%
3 Year-51.24%
5 Year-68.58%
10 Year-12.5%
15 Year106.88%
Volatility
ATR(14)3.18
ATR(20)%2.54%
ATR Inc41.08%
Range Today2.13
ADR(20)2.91
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.14
Mansfield-3.84
10 Day High121.75
10 Day Low108.9
20 Day High123.97
20 Day Low108.9
52 Week High249.91
52 Week Low108.9
CS1 End117.05
CR1 Start125.44
Volume & EV
DER(3)2.73%
DER(5)2.58%
Volume651.60K
Volume Incr17.41%
Vol(5)682.94K
Vol(50)522.04K