TRANSMEDICS GROUP INC (TMDX) Stock Technical Analysis
NASDAQ:TMDX - Nasdaq - US89377M1099 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to TMDX. 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.
In the last month TMDX has a been trading in the 118.79 - 145.50 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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
TMDX is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. TMDX outperforms 91% of them.
TMDX has an average volume of 1101260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TMDX is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TMDX 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 TMDX is lagging the market slightly.
Although TMDX has an excellent technical rating, it does not offer a high 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
63.17
143.83
We found 3 important support areas.
- A support zone ranging from 122.55 to 123.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.74 from a trend line in the daily time frame.
- Support @63.81 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @142.41 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for TMDX is neutral. |
| ChartMill Relative Strength | 91.39 | POSITIVE | TMDX has a high relative strength, it outperformed 91.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TMDX is below 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) | DOWN | MIXED | The current price of TMDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.61 | NEUTRAL | The RSI value for TMDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.71 | NEGATIVE | The MACD value suggests TMDX has a negative trend. |
| Stochastics (14,3) | 30.24 | NEUTRAL | The Stochastics value for TMDX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TMDX suggests some volalility. |
| Average Directional Index/ADX (14) | 48.71 | POSITIVE | The high ADX value value for TMDX suggests a strong trend. |
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)
123.56
-0.44 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.35%
1 Week-13.62%
2 Weeks-8.87%
1 Month1.85%
3 Month78.94%
6 Month100.26%
12 Month-11.13%
2 Year47.13%
3 Year292.88%
5 Year589.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.94
ATR(20)%4.36%
ATR Inc72.81%
Range Today4.64
ADR(20)5.24
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.39
Mansfield1.06
10 Day High145.5
10 Day Low121.3
20 Day High145.5
20 Day Low118.79
52 Week High177.37
52 Week Low55
CS1 End123.55
CR1 Start142.41
Volume & EV
DER(3)-0.08%
DER(5)0.3%
Volume1.29M
Volume Incr46.23%
Vol(5)1.12M
Vol(50)1.10M