Transenterix Inc (TRXC)

4.08  -0.46 (-10.13%)

After market: 3.79 -0.29 (-7.11%)

Technical Rating and Analysis

8

Taking everything into account, TRXC scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, TRXC has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month TRXC has a been trading in the 3.07 - 6.95 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
TRXC has an average volume of 38146500 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 TRXC is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
TRXC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRXC is lagging the market slightly.
Weekly and Daily overview Charts
TRXC Weekly chart
TRXC Daily chart
Setup Rating and Analysis

6

TRXC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

3.67

5.88

When analyzing the support we notice one important area.

  • A support zone ranging from 3.71 to 3.71. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @4.55 from a horizontal line in the daily time frame.
  • Resistance @5.82 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.13
Mansfield29.22
10 Day High6.06
10 Day Low3.45
20 Day High6.95
20 Day Low3.07
52 Week High6.95
52 Week Low0.28
Performance
1 Week4.62%
2 Weeks-7.69%
1 Month21.79%
3 Month705.37%
6 Month1046.71%
12 Month837.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.21
RSI(14)50.41
LBB3.06
UBB6.24
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.563.700.86 (18.86%)5.30%
An entry @4.56. This is a Buy Stop order right above the resistance zone.An exit @3.70. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.86 points, which is 18.86%.When investing 5.30% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of TRXC. Please evaluate whether better entry and exit points can be found.
  • 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.
TRXC Daily chart

Transenterix Inc

NYSEARCA:TRXC (3/4/2021, 7:04:00 PM)

After market: 3.79 -0.29 (-7.11%)

4.08

-0.46 (-10.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-10.13%
1 Week4.62%
2 Weeks-7.69%
1 Month21.79%
3 Month705.37%
6 Month1046.71%
12 Month837.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.99
ATR(20)%24.37%
ATR Inc
Range Today1.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.06
10 Day Low3.45
20 Day High6.95
20 Day Low3.07
52 Week High6.95
52 Week Low0.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume37.55M
Volume Incr44.54%
Vol(5)37.49M
Vol(50)38.15M