THERAPEUTICSMD INC (TXMD) Technical Analysis
NASDAQ:TXMD • US88338N2062
Current stock price
TXMD Technical Rating and Analysis
Taking everything into account, TXMD scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, TXMD did better than 97% of all other stocks. On top of that, TXMD also shows a nice and consistent pattern of rising prices.
- TXMD is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. TXMD outperforms 91% of them.
- In the last month TXMD has a been trading in the 2.07 - 2.35 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- TXMD 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 TXMD is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
TXMD Weekly and Daily overview Charts
TXMD Setup Rating and Analysis
TXMD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.23, a Stop Loss order could be placed below this zone.
More info and screens
TXMD Support and Resistance Analysis
1.27
We found 3 important support areas.
- A support zone ranging from 2.21 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.28 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.29 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
TXMD 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 TXMD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXMD is neutral. |
| ChartMill Relative Strength | 97.15 | POSITIVE | TXMD has a high relative strength, it outperformed 97.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TXMD is below 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) | 49.58 | NEUTRAL | The RSI value for TXMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TXMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.14 | NEUTRAL | The Stochastics value for TXMD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for TXMD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for TXMD suggests a weak or negative trend. |
TXMD Chart- and CandleStick Pattern Analysis
TXMD 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.32 | 2.20 | 0.12 (5.17%) | 19.33% |
| An entry @2.32. This is a Buy Stop order right above the resistance zone. | An exit @2.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.12 points, which is 5.17%. | When investing 19.33% 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 TXMD. 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.
TXMD Technicals: Chart, Performance Metrics, Trend & Indicators
2.24
+0.01 (+0.45%)
THERAPEUTICSMD INC / TXMD TA FAQ
What is the ChartMill technical rating of THERAPEUTICSMD INC (TXMD) stock?
ChartMill assigns a technical rating of 8 / 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 49.5777. This indicates that the stock is currently neutral.
What is the short term momentum for TXMD stock?
The short term momentum for THERAPEUTICSMD INC (TXMD) is neutral.
What is the support and resistance level for TXMD stock?
THERAPEUTICSMD INC (TXMD) has a support level at 2.23 and a resistance level at 2.29. Check the full technical report for our detailed analysis of TXMD support and resistance levels.