Overall TMDX 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, TMDX is showing a nice and steady performance.
Although TMDX 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
103.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 139.88 to 140.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @116.54 from a trend line in the daily time frame.
- Support @113.06 from a trend line in the daily time frame.
- Support @104.83 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @146.32 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for TMDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMDX is up. |
| ChartMill Relative Strength | 95.45 | POSITIVE | TMDX has a high relative strength, it outperformed 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TMDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.03 | NEUTRAL | The RSI value for TMDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests TMDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.49 | NEUTRAL | The Stochastics value for TMDX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for TMDX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.3 | POSITIVE | The high ADX value value for TMDX suggests a strong trend. |
140.1
-1.67 (-1.18%)
TRANSMEDICS GROUP INC / TMDX FAQ
Can you provide the ChartMill technical rating for TRANSMEDICS GROUP INC?
ChartMill assigns a technical rating of 9 / 10 to TMDX.
What is the trend direction for TMDX stock?
The current trend direction for TRANSMEDICS GROUP INC (TMDX) is Bullish.
What is the RSI signal for TRANSMEDICS GROUP INC (TMDX) stock?
TRANSMEDICS GROUP INC (TMDX) has an RSI value of 58.0256. This indicates that the stock is currently neutral.
What is the short term momentum for TMDX stock?
The short term momentum for TRANSMEDICS GROUP INC (TMDX) is positive.
What are the support and resistance levels for TRANSMEDICS GROUP INC (TMDX) stock?
TRANSMEDICS GROUP INC (TMDX) has a support level at 140.09 and a resistance level at 146.32. Check the full technical report for our detailed analysis of TMDX support and resistance levels.