TACTILE SYSTEMS TECHNOLOGY I (TCMD)
US87357P1003 - Common Stock
Taking everything into account, TCMD scores 8 out of 10 in our technical rating. Although TCMD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
TCMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 74% of 188 stocks in the same industry.
TCMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TCMD is lagging the market slightly.
TCMD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, TCMD did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
TCMD 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.
More info and screens
11.51
16.11
4 important support areas can be observed.
- A support zone ranging from 15.55 to 15.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.15 from a horizontal line in the weekly time frame.
- Support @13.78 from a trend line in the daily time frame.
- Support @11.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.95 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.16
Mansfield0.06
10 Day High16.4
10 Day Low14.61
20 Day High16.4
20 Day Low12.86
52 Week High16.95
52 Week Low11.12
Performance
1 Week1.98%
2 Weeks4.49%
1 Month14.59%
3 Month22.15%
6 Month23.95%
12 Month13.94%
2 Year86.22%
3 Year-18.26%
5 Year-75.18%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)59.41
LBB14.04
UBB16.78
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 |
|---|---|---|---|
| 15.96 | 15.54 | 0.42 (2.63%) | 25.00% |
| An entry @15.96. This is a Buy Stop order right above the resistance zone. | An exit @15.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.42 points, which is 2.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The distance between exit and entry is rather small compared to the average daily movement of TCMD. 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.
TACTILE SYSTEMS TECHNOLOGY I
NASDAQ:TCMD (11/21/2024, 8:00:01 PM)
After market: 16.1905 +0.25 (+1.57%)15.94
+0.38 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.44%
1 Week1.98%
2 Weeks4.49%
1 Month14.59%
3 Month22.15%
6 Month23.95%
12 Month13.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%4.46%
ATR Inc
Range Today0.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.4
10 Day Low14.61
20 Day High16.4
20 Day Low12.86
52 Week High16.95
52 Week Low11.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume257.90K
Volume Incr-15.33%
Vol(5)221.50K
Vol(50)204.18K