TANDEM DIABETES CARE INC (TNDM) Technical Analysis
NASDAQ:TNDM • US8753722037
Current stock price
TNDM Technical Rating and Analysis
Taking everything into account, TNDM scores 9 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- TNDM is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. TNDM outperforms 87% of them.
- TNDM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TNDM is performing more or less in line with the market.
- TNDM has an average volume of 2097390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that TNDM is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month TNDM has a been trading in the 20.17 - 29.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TNDM Weekly and Daily overview Charts
TNDM Setup Rating and Analysis
Although TNDM has an excellent technical rating, it does not offer a high 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.
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TNDM Support and Resistance Analysis
19.88
We found 4 important support areas.
- Support @24.67 from a trend line in the weekly time frame.
- A support zone ranging from 21.55 to 21.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.51 from a trend line in the weekly time frame.
- Support @20.08 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @25.30 from a horizontal line in the weekly time frame.
TNDM 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 | 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 | 82.37 | POSITIVE | TNDM has a high relative strength, it outperformed 82.37% 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) | 60.64 | NEUTRAL | The RSI value for TNDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TNDM has a positive trend. |
| Stochastics (14,3) | 78.49 | NEUTRAL | The Stochastics value for TNDM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for TNDM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.68 | NEUTRAL | The ADX value for TNDM suggests a possible start of a new trend. |
TNDM Chart- and CandleStick Pattern Analysis
TNDM Technicals: Chart, Performance Metrics, Trend & Indicators
24.82
+0.19 (+0.77%)
TANDEM DIABETES CARE INC / TNDM TA 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 current trend direction of TANDEM DIABETES CARE INC (TNDM) stock?
The current trend direction for TANDEM DIABETES CARE INC (TNDM) is Bullish.
What is the RSI signal for TANDEM DIABETES CARE INC (TNDM) stock?
TANDEM DIABETES CARE INC (TNDM) has an RSI value of 60.6441. This indicates that the stock is currently neutral.
What is the buy/sell signal for TANDEM DIABETES CARE INC (TNDM) stock?
The buy/sell signal for TANDEM DIABETES CARE INC (TNDM) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TNDM stock?
TANDEM DIABETES CARE INC (TNDM) has a support level at 24.67 and a resistance level at 25.3. Check the full technical report for our detailed analysis of TNDM support and resistance levels.