27.72 USD
-0.75 (-2.63%)
27.7 USD
-0.02 (-0.07%)
We assign a technical rating of 0 out of 10 to TGTX. TGTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TGTX is a bad performer in the overall market: 82% of all stocks are doing better.
TGTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TGTX has a been trading in the 27.35 - 32.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TGTX has an average volume of 1897870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TGTX is an average performer in the Biotechnology industry, it outperforms 44% of 528 stocks in the same industry.
The technical rating of TGTX is bad and it also does not present a 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.
More info and screens
27.44
35.89
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.25 to 31.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.11 from a trend line in the weekly time frame.
- Resistance @33.85 from a trend line in the daily time frame.
- A resistance zone ranging from 35.06 to 35.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for TGTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TGTX is down. |
| ChartMill Relative Strength | 18.12 | NEGATIVE | TGTX has a low relative strength, it was outperformed by 81.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TGTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TGTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TGTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.08 | NEUTRAL | The RSI value for TGTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests TGTX has a negative trend. |
| Stochastics (14,3) | 27.21 | NEUTRAL | The Stochastics value for TGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for TGTX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.31 | POSITIVE | The high ADX value value for TGTX suggests a strong trend. |
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)
27.72
-0.75 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.63%
1 Week-7.29%
2 Weeks-9.91%
1 Month-13.37%
3 Month-20.05%
6 Month-26.88%
12 Month-6.19%
2 Year70.69%
3 Year82.01%
5 Year-42.57%
10 Year239.29%
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%3.72%
ATR Inc110.33%
Range Today1.08
ADR(20)1.02
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.12
3 months CRS13.46
6 months CRS11.97
Mansfield-2.79
10 Day High30.9
10 Day Low27.35
20 Day High32.3
20 Day Low27.35
52 Week High46.48
52 Week Low25.28
CS1 EndN/A
CR1 Start30.25
Volume & EV
DER(3)-2.3%
DER(5)0.01%
Volume2.83M
Volume Incr85.86%
Vol(5)2.69M
Vol(50)1.90M
TG THERAPEUTICS INC / TGTX FAQ
What is the technical rating for TGTX stock?
ChartMill assigns a technical rating of 0 / 10 to TGTX.
What is the trend direction for TGTX stock?
The current trend direction for TG THERAPEUTICS INC (TGTX) is Bearish.
Can you provide the RSI signal for TG THERAPEUTICS INC?
TG THERAPEUTICS INC (TGTX) has an RSI value of 34.0816. This indicates that the stock is currently neutral.
What is the MACD signal for TGTX stock?
The MACD indicator for TG THERAPEUTICS INC (TGTX) has a value of -0.161973, indicating a bearish trend.
Can you provide the short term momentum for TG THERAPEUTICS INC?
The short term momentum for TG THERAPEUTICS INC (TGTX) is negative.