TANDEM DIABETES CARE INC (TNDM) Stock Technical Analysis
USA - NASDAQ:TNDM - US8753722037 - Common Stock
Overall TNDM gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TNDM was also a bad performer in the overall market in the last year.
The technical rating of TNDM 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
13.09
We found 2 important support areas.
- Support @13.99 from a horizontal line in the weekly time frame.
- Support @13.22 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @20.76 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 | 38.16 | NEUTRAL | TNDM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TNDM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.16 | NEUTRAL | The RSI value for TNDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TNDM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.13 | NEUTRAL | The Stochastics value for TNDM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for TNDM suggests high volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for TNDM suggests a weak or negative trend. |
16.26
+2.93 (+21.98%)
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 3 / 10 to TNDM.
What is the trend direction for TNDM stock?
The current trend direction for TANDEM DIABETES CARE INC (TNDM) is Bearish.
Can you provide the RSI signal for TANDEM DIABETES CARE INC?
TANDEM DIABETES CARE INC (TNDM) has an RSI value of 60.1647. 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 neutral.
Can you provide the support and resistance levels for TANDEM DIABETES CARE INC?
TANDEM DIABETES CARE INC (TNDM) has a support level at 13.99 and a resistance level at 20.76. Check the full technical report for our detailed analysis of TNDM support and resistance levels.