TG THERAPEUTICS INC (TGTX) Stock Technical Analysis
NASDAQ:TGTX - Nasdaq - US88322Q1085 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to TGTX. 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 term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TGTX is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, TGTX also shows a nice and consistent pattern of rising prices.
TGTX is one of the better performing stocks in the Biotechnology industry, it outperforms 95% of 571 stocks in the same industry.
TGTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TGTX is performing more or less in line with the market.
In the last month TGTX has a been trading in the 28.17 - 36.40 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.
TGTX has an average volume of 2302850 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.
Although TGTX 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
24.13
35.45
We found 4 important support areas.
- A support zone ranging from 34.40 to 34.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 30.97 to 31.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.08 to 30.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.37 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 35.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.29
Mansfield4.24
10 Day High36.4
10 Day Low28.17
20 Day High36.4
20 Day Low28.17
52 Week High36.84
52 Week Low12.93
Performance
1 Week18.61%
2 Weeks12.08%
1 Month8.58%
3 Month1.44%
6 Month56.24%
12 Month105.13%
2 Year128.86%
3 Year261.94%
5 Year249.8%
10 Year122.35%
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)0.09
RSI(14)64.54
LBB27.84
UBB33.31
34.42
+4.33 (+14.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg14.39%
1 Week18.61%
2 Weeks12.08%
1 Month8.58%
3 Month1.44%
6 Month56.24%
12 Month105.13%
2 Year128.86%
3 Year261.94%
5 Year249.8%
10 Year122.35%
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%4.71%
ATR Inc226.32%
Range Today6.12
ADR(20)1.6
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.29
Mansfield4.24
10 Day High36.4
10 Day Low28.17
20 Day High36.4
20 Day Low28.17
52 Week High36.84
52 Week Low12.93
CS1 End34.41
CR1 Start35.08
Volume & EV
DER(3)3.08%
DER(5)2.37%
Volume13.50M
Volume Incr131.26%
Vol(5)4.03M
Vol(50)2.30M