We assign a technical rating of 10 out of 10 to TXMD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TXMD is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TXMD is one of the better performing stocks in the market, outperforming 97% of all stocks.
- TXMD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 92% of 191 stocks in the same industry.
- A new 52 week high is currently being made by TXMD, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month TXMD has a been trading in the 1.58 - 2.59 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TXMD 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
1.05
When analyzing the support we can see 5 important areas.
- Support @1.80 from a trend line in the weekly time frame.
- A support zone ranging from 1.76 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.62 from a horizontal line in the daily time frame.
- Support @1.08 from a horizontal line in the daily time frame.
- Support @1.06 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for TXMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXMD is up. |
| ChartMill Relative Strength | 97.34 | POSITIVE | TXMD has a high relative strength, it outperformed 97.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TXMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.68 | OVERBOUGHT | The high RSI value suggests TXMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TXMD has a positive trend. |
| Stochastics (14,3) | 91.12 | OVERBOUGHT | The high Stochastics value suggests TXMD may be overbought. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for TXMD suggests high volalility. |
| Average Directional Index/ADX (14) | 47.26 | POSITIVE | The high ADX value value for TXMD suggests a strong trend. |
2.5
+0.27 (+12.11%)
THERAPEUTICSMD INC / TXMD FAQ
What is the ChartMill technical rating of THERAPEUTICSMD INC (TXMD) stock?
ChartMill assigns a technical rating of 10 / 10 to TXMD.
What is the current trend direction of THERAPEUTICSMD INC (TXMD) stock?
The current trend direction for THERAPEUTICSMD INC (TXMD) is Bullish.
What is the RSI signal for TXMD stock?
THERAPEUTICSMD INC (TXMD) has an RSI value of 77.6829. This indicates that the stock is currently overbought.
What is the short term momentum for TXMD stock?
The short term momentum for THERAPEUTICSMD INC (TXMD) is positive.
What is the support and resistance level for TXMD stock?
THERAPEUTICSMD INC (TXMD) has a support level at 1.8. Check the full technical report for our detailed analysis of TXMD support and resistance levels.