Taking everything into account, TXG scores 9 out of 10 in our technical rating. 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.
Although TXG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.42
3 important support areas can be observed.
- Support @15.56 from a horizontal line in the daily time frame.
- A support zone ranging from 13.40 to 13.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.47 to 20.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 93.2 | POSITIVE | TXG has a high relative strength, it outperformed 93.2% 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) | 70.44 | OVERBOUGHT | The high RSI value suggests TXG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests TXG has a positive trend. |
| Stochastics (14,3) | 88.52 | OVERBOUGHT | The high Stochastics value suggests TXG may be overbought. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for TXG suggests some volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for TXG suggests a strong trend. |
20.46
+1.17 (+6.07%)
10X GENOMICS INC-CLASS A / TXG FAQ
Can you provide the ChartMill technical rating for 10X GENOMICS INC-CLASS A?
ChartMill assigns a technical rating of 9 / 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.
Can you provide the RSI signal for 10X GENOMICS INC-CLASS A?
10X GENOMICS INC-CLASS A (TXG) has an RSI value of 70.4415. This indicates that the stock is currently overbought.
What is the short term momentum for TXG stock?
The short term momentum for 10X GENOMICS INC-CLASS A (TXG) is positive.
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 15.56 and a resistance level at 20.47. Check the full technical report for our detailed analysis of TXG support and resistance levels.