SOC TELEMED INC (TLMD)

Common Stock

3  0 (0%)

After market: 3 0 (0%)

Technical Rating and Analysis

9

Overall TLMD gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TLMD is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
TLMD is part of the Health Care Providers & Services industry. There are 118 other stocks in this industry. TLMD outperforms 96% of them.
TLMD has an average volume of 1418920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TLMD did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
TLMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TLMD is lagging the market.
In the last month TLMD has a been trading in a tight range between 2.90 and 3.00.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TLMD Weekly chart
TLMD Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, TLMD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.01. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

2.86

3.04

When analyzing the support we notice one important area.

  • A support zone ranging from 2.89 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 3.01 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.95
Mansfield-1.79
10 Day High3
10 Day Low2.96
20 Day High3
20 Day Low2.9
52 Week High8
52 Week Low0.55
Performance
1 Week0.67%
2 Weeks1.01%
1 Month3.45%
3 Month156.41%
6 Month55.44%
12 Month-56.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)79.1
LBB2.96
UBB3
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
3.022.950.07 (2.32%)25.00%
An entry @3.02. This is a Buy Stop order right above the resistance zone.An exit @2.95. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.07 points, which is 2.32%.For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TLMD Daily chart

SOC TELEMED INC

NASDAQ:TLMD (4/5/2022, 7:00:02 PM)

After market: 3 0 (0%)

3

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0%
1 Week0.67%
2 Weeks1.01%
1 Month3.45%
3 Month156.41%
6 Month55.44%
12 Month-56.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.78%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3
10 Day Low2.96
20 Day High3
20 Day Low2.9
52 Week High8
52 Week Low0.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume957.60K
Volume Incr-51.3%
Vol(5)489.96K
Vol(50)1.42M