TITAN MEDICAL INC (TMDI) Technical Analysis
NASDAQ:TMDI • CA88830X8199
Current stock price
TMDI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TMDI. TMDI'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than TMDI.
- TMDI is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 88% of 189 stocks in the same industry do better.
- TMDI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TMDI is lagging the market.
- In the last month TMDI has a been trading in the 0.13 - 0.34 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.
- TMDI has an average volume of 4479940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
TMDI Weekly and Daily overview Charts
TMDI Setup Rating and Analysis
The technical rating of TMDI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TMDI Support and Resistance Analysis
TMDI Technical Indicator Signal Analysis
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 TMDI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMDI is down. |
| ChartMill Relative Strength | 1.24 | NEGATIVE | TMDI has a low relative strength, it was outperformed by 98.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMDI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMDI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TMDI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.79 | OVERSOLD | The low RSI value suggests TMDI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TMDI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.05 | OVERSOLD | The low Stochastics value suggests TMDI may be oversold. |
| Average True Range in percent/ATR (20) | 33.71 | HIGH VOLATILITY | The high ATR as a percentage value for TMDI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.8 | POSITIVE | The high ADX value value for TMDI suggests a strong trend. |
TMDI Chart- and CandleStick Pattern Analysis
TMDI Technicals: Chart, Performance Metrics, Trend & Indicators
0.14
-0.05 (-26.32%)
TITAN MEDICAL INC / TMDI TA FAQ
What is the ChartMill technical rating of TITAN MEDICAL INC (TMDI) stock?
ChartMill assigns a technical rating of 0 / 10 to TMDI.
What is the trend direction for TMDI stock?
The current trend direction for TITAN MEDICAL INC (TMDI) is Bearish.
Can you provide the RSI signal for TITAN MEDICAL INC?
TITAN MEDICAL INC (TMDI) has an RSI value of 26.7903. This indicates that the stock is currently oversold.
What is the MACD signal for TITAN MEDICAL INC (TMDI) stock?
The MACD indicator for TITAN MEDICAL INC (TMDI) has a value of 0.013928, indicating a bearish trend.