10X GENOMICS INC-CLASS A (TXG) Technical Analysis
NASDAQ:TXG • US88025U1097
Current stock price
TXG Technical Rating and Analysis
Overall TXG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TXG 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.
- Looking at the yearly performance, TXG did better than 95% of all other stocks. On top of that, TXG also shows a nice and consistent pattern of rising prices.
- TXG is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 98% of 57 stocks in the same industry.
- TXG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TXG is leading the market.
- In the last month TXG has a been trading in the 15.90 - 23.65 range, which is quite wide. It is currently trading near the high of this range.
- TXG has an average volume of 2535900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TXG Weekly and Daily overview Charts
TXG Setup Rating and Analysis
Although TXG 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.
More info and screens
TXG Support and Resistance Analysis
15.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.04 to 20.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.53 from a trend line in the daily time frame.
- Support @15.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.05 to 23.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
TXG 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 TXG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXG is up. |
| ChartMill Relative Strength | 95.75 | POSITIVE | TXG has a high relative strength, it outperformed 95.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TXG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.55 | NEUTRAL | The RSI value for TXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests TXG has a positive trend. |
| Stochastics (14,3) | 86.36 | OVERBOUGHT | The high Stochastics value suggests TXG may be overbought. |
| Average True Range in percent/ATR (20) | 5.86 | HIGH VOLATILITY | The high ATR as a percentage value for TXG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for TXG suggests a weak or negative trend. |
TXG Chart- and CandleStick Pattern Analysis
TXG Technicals: Chart, Performance Metrics, Trend & Indicators
23
-0.02 (-0.09%)
10X GENOMICS INC-CLASS A / TXG TA FAQ
Can you provide the ChartMill technical rating for 10X GENOMICS INC-CLASS A?
ChartMill assigns a technical rating of 10 / 10 to TXG.
What is the current trend direction of 10X GENOMICS INC-CLASS A (TXG) stock?
The current trend direction for 10X GENOMICS INC-CLASS A (TXG) is Bullish.
What is the RSI signal for TXG stock?
10X GENOMICS INC-CLASS A (TXG) has an RSI value of 63.5531. This indicates that the stock is currently neutral.
Can you provide the MACD signal for 10X GENOMICS INC-CLASS A?
The MACD indicator for 10X GENOMICS INC-CLASS A (TXG) has a value of 0.36412, indicating a bearish trend.
Can you provide the support and resistance levels for 10X GENOMICS INC-CLASS A?
10X GENOMICS INC-CLASS A (TXG) has a support level at 20.08 and a resistance level at 23.05. Check the full technical report for our detailed analysis of TXG support and resistance levels.