Overall TMCI gets a technical rating of 0 out of 10. TMCI'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.
TMCI has a poor technical rating and the quality of the setup is also not perfect 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.
2.65
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 TMCI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMCI is down. |
| ChartMill Relative Strength | 1.96 | NEGATIVE | TMCI has a low relative strength, it was outperformed by 98.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMCI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMCI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TMCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.8 | OVERSOLD | The low RSI value suggests TMCI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TMCI has a positive trend. |
| Stochastics (14,3) | 17.56 | OVERSOLD | The low Stochastics value suggests TMCI may be oversold. |
| Average True Range in percent/ATR (20) | 16.21 | HIGH VOLATILITY | The high ATR as a percentage value for TMCI suggests high volalility. |
| Average Directional Index/ADX (14) | 47.97 | POSITIVE | The high ADX value value for TMCI suggests a strong trend. |
2.68
-0.02 (-0.74%)
ChartMill assigns a technical rating of 0 / 10 to TMCI.
The current trend direction for TREACE MEDICAL CONCEPTS INC (TMCI) is Bearish.
TREACE MEDICAL CONCEPTS INC (TMCI) has an RSI value of 21.801. This indicates that the stock is currently oversold.
The MACD indicator for TREACE MEDICAL CONCEPTS INC (TMCI) has a value of 0.058826, indicating a bearish trend.
The short term momentum for TREACE MEDICAL CONCEPTS INC (TMCI) is negative.