TRANSMEDICS GROUP INC (TMDX) Technical Analysis
NASDAQ:TMDX • US89377M1099
Current stock price
TMDX Technical Rating and Analysis
Overall TMDX gets a technical rating of 1 out of 10. TMDX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month TMDX has a been trading in the 93.08 - 137.79 range, which is quite wide. It is currently trading near the lows of this range.
- TMDX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 81% of 188 stocks in the same industry.
- When compared to the yearly performance of all other stocks, TMDX outperforms 68% of them, which is more or less in line with the market.
- 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.
TMDX Weekly and Daily overview Charts
TMDX Setup Rating and Analysis
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
TMDX Support and Resistance Analysis
98.06
When analyzing the support we notice one important area.
- Support @99.05 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 142.88 to 143.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @146.31 from a horizontal line in the weekly time frame.
- Resistance @150.42 from a horizontal line in the daily time frame.
TMDX 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 TMDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMDX is down. |
| ChartMill Relative Strength | 68.35 | NEUTRAL | TMDX is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TMDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TMDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.74 | NEUTRAL | The RSI value for TMDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.27 | NEGATIVE | The MACD value suggests TMDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.13 | NEUTRAL | The Stochastics value for TMDX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.32 | HIGH VOLATILITY | The high ATR as a percentage value for TMDX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.11 | POSITIVE | The high ADX value value for TMDX suggests a strong trend. |
TMDX Chart- and CandleStick Pattern Analysis
TMDX Technicals: Chart, Performance Metrics, Trend & Indicators
100.695
+0.29 (+0.29%)
TRANSMEDICS GROUP INC / TMDX TA FAQ
Can you provide the ChartMill technical rating for TRANSMEDICS GROUP INC?
ChartMill assigns a technical rating of 1 / 10 to TMDX.
Can you provide the trend direction for TRANSMEDICS GROUP INC?
The current trend direction for TRANSMEDICS GROUP INC (TMDX) is Bearish.
Can you provide the RSI signal for TRANSMEDICS GROUP INC?
TRANSMEDICS GROUP INC (TMDX) has an RSI value of 31.7439. This indicates that the stock is currently neutral.
What is the MACD signal for TRANSMEDICS GROUP INC (TMDX) stock?
The MACD indicator for TRANSMEDICS GROUP INC (TMDX) has a value of -1.27464, indicating a bearish trend.
What is the support and resistance level for TMDX stock?
TRANSMEDICS GROUP INC (TMDX) has a support level at 99.05 and a resistance level at 142.88. Check the full technical report for our detailed analysis of TMDX support and resistance levels.