TANDEM DIABETES CARE INC (TNDM) Stock Technical Analysis
USA - NASDAQ:TNDM - US8753722037 - Common Stock
14 USD
-0.82 (-5.53%)
13.89 USD
-0.11 (-0.79%)
Overall TNDM gets a technical rating of 3 out of 10. In the past year, TNDM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TNDM is a bad performer in the overall market: 95% of all stocks are doing better.
TNDM is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 74% are performing better than TNDM.
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.
TNDM has an average volume of 2250880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TNDM has a been trading in the 11.46 - 15.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
11.87
22.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.79 to 13.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.23 from a trend line in the daily time frame.
- Support @11.99 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @14.72 from a horizontal line in the weekly time frame.
- Resistance @15.35 from a horizontal line in the daily time frame.
- Resistance @22.39 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 | UP | POSITIVE | The short term trend for TNDM is up. |
| ChartMill Relative Strength | 5.75 | NEGATIVE | TNDM has a low relative strength, it was outperformed by 94.25% 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) | DOWN | MIXED | The current price of TNDM is above a declining 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) | 55.12 | NEUTRAL | The RSI value for TNDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TNDM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.18 | OVERBOUGHT | The high Stochastics value suggests TNDM may be overbought. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for TNDM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.9 | 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)
14
-0.82 (-5.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.53%
1 Week-4.83%
2 Weeks16.67%
1 Month14.1%
3 Month-10.2%
6 Month-17.94%
12 Month-62.23%
2 Year-19.08%
3 Year-75.07%
5 Year-87.16%
10 Year-84.56%
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%5.64%
ATR Inc40.2%
Range Today1.32
ADR(20)0.78
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.75
Mansfield-4.45
10 Day High15.57
10 Day Low11.46
20 Day High15.57
20 Day Low11.46
52 Week High38.94
52 Week Low9.98
CS1 End13.99
CR1 Start14.72
Volume & EV
DER(3)1.2%
DER(5)-0.05%
Volume1.76M
Volume Incr9.92%
Vol(5)2.03M
Vol(50)2.25M