TG THERAPEUTICS INC (TGTX)

US88322Q1085 - Common Stock

35.07  +0.52 (+1.51%)

After market: 35.5 +0.43 (+1.23%)

Technical Rating and Analysis

10

Taking everything into account, TGTX scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TGTX is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TGTX did better than 97% of all other stocks. On top of that, TGTX also shows a nice and consistent pattern of rising prices.
TGTX is part of the Biotechnology industry. There are 569 other stocks in this industry. TGTX outperforms 94% of them.
TGTX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TGTX has a been trading in the 22.92 - 36.50 range, which is quite wide. It is currently trading near the high of this range.
TGTX has an average volume of 3977150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
TGTX Weekly chart
TGTX Daily chart
Setup Rating and Analysis

3

Although TGTX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

20.52

35.43

We found 4 important support areas.

  • A support zone ranging from 26.12 to 26.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @24.48 from a trend line in the daily time frame.
  • Support @21.46 from a horizontal line in the daily time frame.
  • Support @20.73 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 35.08 to 35.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.24
Mansfield6.51
10 Day High36.5
10 Day Low28.59
20 Day High36.5
20 Day Low22.92
52 Week High36.5
52 Week Low12.3
Performance
1 Week18.72%
2 Weeks21.73%
1 Month50.13%
3 Month43.38%
6 Month109.87%
12 Month174.2%
2 Year297.62%
3 Year130.72%
5 Year328.21%
10 Year135.05%
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)0.45
RSI(14)69.73
LBB25.14
UBB35.91
TGTX Daily chart

TG THERAPEUTICS INC

NASDAQ:TGTX (11/22/2024, 8:08:16 PM)

After market: 35.5 +0.43 (+1.23%)

35.07

+0.52 (+1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.51%
1 Week18.72%
2 Weeks21.73%
1 Month50.13%
3 Month43.38%
6 Month109.87%
12 Month174.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.7
ATR(20)%6.98%
ATR Inc
Range Today1.61
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 High36.5
10 Day Low28.59
20 Day High36.5
20 Day Low22.92
52 Week High36.5
52 Week Low12.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.58M
Volume Incr-18.24%
Vol(5)3.42M
Vol(50)3.98M