TANDEM DIABETES CARE INC (TNDM) Stock Technical Analysis
NASDAQ:TNDM - Nasdaq - US8753722037 - Common Stock - Currency: USD
Overall TNDM gets a technical rating of 2 out of 10. TNDM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than TNDM.
TNDM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 69% of 187 stocks in the same industry do better.
TNDM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TNDM has a been trading in the 19.52 - 23.73 range, which is quite wide. It is currently trading near the lows of this range.
TNDM has an average volume of 1619410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, TNDM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.91, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.00
29.20
We found 2 important support areas.
- A support zone ranging from 19.82 to 19.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.17 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 20.78 to 21.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.78 from a trend line in the daily time frame.
- Resistance @22.44 from a horizontal line in the daily time frame.
- Resistance @28.20 from a trend line in the daily time frame.
- Resistance @28.91 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 | DOWN | NEGATIVE | The long term trend for TNDM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TNDM is neutral. |
| ChartMill Relative Strength | 10.42 | NEGATIVE | TNDM has a low relative strength, it was outperformed by 89.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TNDM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TNDM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TNDM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.01 | NEUTRAL | The RSI value for TNDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests TNDM has a negative trend. |
| Stochastics (14,3) | 34.42 | NEUTRAL | The Stochastics value for TNDM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for TNDM suggests high volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for TNDM suggests a weak or negative 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)
20.04
-0.72 (-3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.47%
1 Week-0.94%
2 Weeks-0.89%
1 Month-13.17%
3 Month-1.23%
6 Month-44.19%
12 Month-53.22%
2 Year-18.34%
3 Year-66.14%
5 Year-79.74%
10 Year-81.51%
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%5.49%
ATR Inc-5.37%
Range Today1.08
ADR(20)1.07
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.42
Mansfield-3.99
10 Day High22.59
10 Day Low19.71
20 Day High23.73
20 Day Low19.52
52 Week High48.24
52 Week Low15.75
CS1 End19.91
CR1 Start20.78
Volume & EV
DER(3)-0.54%
DER(5)1.55%
Volume1.14M
Volume Incr1.35%
Vol(5)1.44M
Vol(50)1.62M