TITAN MEDICAL INC (TMD.CA) Stock Technical Analysis
TSX:TMD - Toronto Stock Exchange - CA88830X8199 - Common Stock - Currency: CAD
Overall TMD gets a technical rating of 7 out of 10. In the last year, TMD was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TMD has a been trading in the 0.80 - 1.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
TMD is part of the Health Care Equipment & Supplies industry. There are 16 other stocks in this industry. TMD outperforms 100% of them.
When comparing the yearly performance of all stocks, we notice that TMD is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TMD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMD is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although TMD 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
0.79
1.21
We found 1 important resistance area.
- Resistance @1.20 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.94
Mansfield32.03
10 Day High1.06
10 Day Low0.8
20 Day High1.52
20 Day Low0.8
52 Week High1.52
52 Week Low0.05
Performance
1 Week-11.11%
2 Weeks-27.27%
1 Month-29.2%
3 Month1500%
6 Month1354.55%
12 Month841.18%
2 Year23.08%
3 Year-11.11%
5 Year-6.98%
10 Year-98.14%
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)-0.06
RSI(14)46.2
LBB0.75
UBB1.15
TSX:TMD (11/22/2024, 7:00:00 PM)
0.8
-0.04 (-4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.76%
1 Week-11.11%
2 Weeks-27.27%
1 Month-29.2%
3 Month1500%
6 Month1354.55%
12 Month841.18%
2 Year23.08%
3 Year-11.11%
5 Year-6.98%
10 Year-98.14%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%12.34%
ATR Inc-42.47%
Range Today0.03
ADR(20)0.09
ADR(20)%10.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.94
Mansfield32.03
10 Day High1.06
10 Day Low0.8
20 Day High1.52
20 Day Low0.8
52 Week High1.52
52 Week Low0.05
CS1 EndN/A
CR1 Start1.2
Volume & EV
DER(3)-379.22%
DER(5)-311.68%
Volume6.05K
Volume Incr2%
Vol(5)11.44K
Vol(50)32.38K