We assign a technical rating of 3 out of 10 to TGTX. TGTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of TGTX 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
29.57
We found 2 important support areas.
- A support zone ranging from 33.11 to 33.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.87 to 30.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 33.83 to 34.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.09 to 35.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.71 to 36.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for TGTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TGTX is neutral. |
| ChartMill Relative Strength | 63.53 | NEUTRAL | TGTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TGTX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TGTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TGTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.11 | NEUTRAL | The RSI value for TGTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests TGTX has a positive trend. |
| Stochastics (14,3) | 69.8 | NEUTRAL | The Stochastics value for TGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for TGTX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.3 | NEGATIVE | The low ADX value for TGTX suggests a weak or negative trend. |
33.41
+0.43 (+1.3%)
TG THERAPEUTICS INC / TGTX FAQ
What is the technical rating for TGTX stock?
ChartMill assigns a technical rating of 3 / 10 to TGTX.
Can you provide the trend direction for TG THERAPEUTICS INC?
The current trend direction for TG THERAPEUTICS INC (TGTX) is Bearish.
Can you provide the RSI signal for TG THERAPEUTICS INC?
TG THERAPEUTICS INC (TGTX) has an RSI value of 56.105. This indicates that the stock is currently neutral.
What is the short term momentum for TG THERAPEUTICS INC (TGTX) stock?
The short term momentum for TG THERAPEUTICS INC (TGTX) is neutral.
Can you provide the support and resistance levels for TG THERAPEUTICS INC?
TG THERAPEUTICS INC (TGTX) has a support level at 33.32 and a resistance level at 33.83. Check the full technical report for our detailed analysis of TGTX support and resistance levels.