We assign a technical rating of 9 out of 10 to TNDM. Both in the recent history as in the last year, TNDM has proven to be a steady performer, scoring decent points in every aspect analyzed.
TNDM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for TNDM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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14.69
We found 2 important support areas.
- Support @19.62 from a horizontal line in the daily time frame.
- Support @14.84 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @22.36 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 23.26 to 23.45. This zone is formed by a combination of multiple trend lines 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 TNDM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TNDM is up. |
| ChartMill Relative Strength | 85.92 | POSITIVE | TNDM has a high relative strength, it outperformed 85.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TNDM is above the rising 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) | UP | POSITIVE | The current price of TNDM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.01 | NEUTRAL | The RSI value for TNDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TNDM has a negative trend. |
| Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for TNDM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for TNDM suggests high volalility. |
| Average Directional Index/ADX (14) | 44.7 | POSITIVE | The high ADX value value for TNDM suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.37 | 20.55 | 1.82 (8.14%) | 12.29% |
| An entry @22.37. This is a Buy Stop order right above the resistance zone. | An exit @20.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.82 points, which is 8.14%. | For a 1.00% total portfolio risk, you can invest 12.29% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.35
-0.13 (-0.58%)
TANDEM DIABETES CARE INC / TNDM FAQ
What is the ChartMill technical rating of TANDEM DIABETES CARE INC (TNDM) stock?
ChartMill assigns a technical rating of 9 / 10 to TNDM.
What is the trend direction for TNDM stock?
The current trend direction for TANDEM DIABETES CARE INC (TNDM) is Bullish.
Can you provide the RSI signal for TANDEM DIABETES CARE INC?
TANDEM DIABETES CARE INC (TNDM) has an RSI value of 61.0071. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TANDEM DIABETES CARE INC?
The short term momentum for TANDEM DIABETES CARE INC (TNDM) is positive.
Can you provide the support and resistance levels for TANDEM DIABETES CARE INC?
TANDEM DIABETES CARE INC (TNDM) has a support level at 19.62 and a resistance level at 22.36. Check the full technical report for our detailed analysis of TNDM support and resistance levels.