TITAN MEDICAL INC (TMDI) Technical Analysis

NASDAQ:TMDI • CA88830X8199

Current stock price

0.14 USD
-0.05 (-26.32%)
At close:
0.1241 USD
-0.02 (-11.36%)
After Hours:

TMDI Technical Rating and Analysis

0

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

TITAN MEDICAL INC / TMDI Weekly stock chart
TITAN MEDICAL INC / TMDI Daily stock chart

TMDI Setup Rating and Analysis

2

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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for TMDI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for TMDI is down.
ChartMill Relative Strength1.24NEGATIVETMDI has a low relative strength, it was outperformed by 98.76% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of TMDI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of TMDI is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of TMDI is below a declining SMA(200).
Relative Strength Index/RSI (14)26.79OVERSOLDThe low RSI value suggests TMDI may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests TMDI has a positive trend, although the MACD value is declining.
Stochastics (14,3)17.05OVERSOLDThe low Stochastics value suggests TMDI may be oversold.
Average True Range in percent/ATR (20)33.71HIGH VOLATILITYThe high ATR as a percentage value for TMDI suggests high volalility.
Average Directional Index/ADX (14)27.8POSITIVEThe high ADX value value for TMDI suggests a strong trend.

TMDI Chart- and CandleStick Pattern Analysis

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)

TMDI Technicals: Chart, Performance Metrics, Trend & Indicators

TITAN MEDICAL INC / TMDI Daily stock chart

TITAN MEDICAL INC

NASDAQ:TMDI (3/9/2023, 8:00:01 PM)

After market: 0.1241 -0.02 (-11.36%)

0.14

-0.05 (-26.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-26.32%
1 Week-31.71%
2 Weeks-32.37%
1 Month-53.33%
3 Month-78.81%
6 Month-70.21%
12 Month-72.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%33.71%
ATR Inc-32.79%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.24
3 months CRSN/A
6 months CRSN/A
Mansfield-7.26
10 Day High0.3
10 Day Low0.13
20 Day High0.34
20 Day Low0.13
52 Week High1.2
52 Week Low0.13
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.18%
DER(5)-9.09%
Volume7.71M
Volume Incr-80.78%
Vol(5)1.96M
Vol(50)4.48M

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.