TRANSMEDICS GROUP INC (TMDX) Stock Technical Analysis
NASDAQ:TMDX - Nasdaq - US89377M1099 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to TMDX. In the last year, TMDX was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, TMDX is a bad performer in the overall market: 71% of all stocks are doing better.
In the last month TMDX has a been trading in the 109.59 - 136.63 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
TMDX is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, TMDX did better than 63% of them.
TMDX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMDX is lagging the market.
The technical rating of TMDX is bad and it also does not present a quality setup 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
64.36
140.37
We found 3 important support areas.
- A support zone ranging from 109.87 to 109.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.77 from a trend line in the daily time frame.
- Support @65.01 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 115.33 to 118.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 123.34 to 125.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @138.98 from a trend 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 | DOWN | NEGATIVE | The short term trend for TMDX is down. |
| ChartMill Relative Strength | 29.38 | NEGATIVE | TMDX has a low relative strength, it was outperformed by 70.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TMDX is below 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) | 33.58 | NEUTRAL | The RSI value for TMDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.3 | NEGATIVE | The MACD value suggests TMDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.57 | OVERSOLD | The low Stochastics value suggests TMDX may be oversold. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for TMDX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.39 | 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)
109.88
-2.64 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.35%
1 Week-2.29%
2 Weeks-14.95%
1 Month-11.39%
3 Month24.52%
6 Month92.1%
12 Month-25.35%
2 Year17.92%
3 Year172.12%
5 Year508.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.89
ATR(20)%5.19%
ATR Inc-30.19%
Range Today4.97
ADR(20)5.55
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.38
Mansfield-0.39
10 Day High128.06
10 Day Low109.59
20 Day High136.63
20 Day Low109.59
52 Week High177.37
52 Week Low55
CS1 End109.87
CR1 Start115.33
Volume & EV
DER(3)-2.94%
DER(5)0.1%
Volume790.00K
Volume Incr-5.37%
Vol(5)819.96K
Vol(50)987.30K