NASDAQ:TXG - Nasdaq - US88025U1097 - Common Stock - Currency: USD
Overall TXG gets a technical rating of 8 out of 10. Although TXG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
TXG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
9.17
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 | 76.57 | POSITIVE | TXG has a high relative strength, it outperformed 76.57% 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) | DOWN | NEGATIVE | The current price of TXG is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 58.65 | NEUTRAL | The RSI value for TXG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TXG has a negative trend. |
Stochastics (14,3) | 74.62 | NEUTRAL | The Stochastics value for TXG is a neutral value. |
Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for TXG suggests high volalility. |
Average Directional Index/ADX (14) | 38.96 | POSITIVE | The high ADX value value for TXG suggests a strong trend. |
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
12.68 | 11.24 | 1.44 (11.36%) | 8.81% |
An entry @12.68. This is a Buy Stop order right above the resistance zone. | An exit @11.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.44 points, which is 11.36%. | For a 1.00% total portfolio risk, you can invest 8.81% of your capital in this trade. |
NASDAQ:TXG (7/16/2025, 1:02:35 PM)
12.335
+0.12 (+0.94%)