TRANSMEDICS GROUP INC (TMDX) Stock Technical Analysis
NASDAQ:TMDX - Nasdaq - US89377M1099 - Common Stock - Currency: USD
Taking everything into account, TMDX scores 4 out of 10 in our technical rating. 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: 86% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TMDX has an average volume of 1036380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TMDX is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, TMDX did better than 41% 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.
In the last month TMDX has a been trading in the 98.89 - 131.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMDX has an average technical rating and also the quality of the setup is only medium 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
65.25
138.01
3 important support areas can be observed.
- A support zone ranging from 108.12 to 108.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @103.61 from a horizontal line in the daily time frame.
- Support @65.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 126.84 to 128.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @136.64 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 | NEUTRAL | NEUTRAL | The short term trend for TMDX is neutral. |
| ChartMill Relative Strength | 14.7 | NEGATIVE | TMDX has a low relative strength, it was outperformed by 85.3% 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) | DOWN | NEGATIVE | The current price of TMDX is below a declining 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) | 47.06 | NEUTRAL | The RSI value for TMDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.25 | POSITIVE | The MACD value suggests TMDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.28 | NEUTRAL | The Stochastics value for TMDX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for TMDX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.03 | 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)
114.5
-1.55 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.34%
1 Week-5.02%
2 Weeks5.9%
1 Month1.81%
3 Month2.69%
6 Month57.71%
12 Month-29.71%
2 Year74.46%
3 Year120.07%
5 Year542.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.05
ATR(20)%5.76%
ATR Inc-27.36%
Range Today4.38
ADR(20)6.11
ADR(20)%5.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.7
Mansfield0.19
10 Day High131.85
10 Day Low104.71
20 Day High131.85
20 Day Low98.89
52 Week High177.37
52 Week Low55
CS1 End108.49
CR1 Start126.84
Volume & EV
DER(3)-3.15%
DER(5)-1.7%
Volume760.40K
Volume Incr-9.59%
Vol(5)1.16M
Vol(50)1.04M