TG THERAPEUTICS INC (TGTX)
US88322Q1085 - Common Stock
Overall TGTX gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TGTX did better than 94% 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 565 other stocks in this industry. TGTX outperforms 92% of them.
TGTX 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 TGTX is lagging the market slightly.
TGTX has an average volume of 3072000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TGTX has a been trading in the 30.41 - 35.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TGTX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.90. Right above this resistance zone may be a good entry point.
More info and screens
21.73
35.45
When analyzing the support we can see 5 important areas.
- A support zone ranging from 32.01 to 32.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.69 from a horizontal line in the daily time frame.
- Support @26.43 from a trend line in the daily time frame.
- Support @22.96 from a trend line in the daily time frame.
- Support @21.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.90 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
CRS94.78
Mansfield4.23
10 Day High35.03
10 Day Low30.41
20 Day High35.78
20 Day Low30.41
52 Week High36.84
52 Week Low12.84
Performance
1 Week-4.2%
2 Weeks1.55%
1 Month-7.08%
3 Month34.96%
6 Month80.78%
12 Month88.29%
2 Year171.85%
3 Year69.26%
5 Year189.73%
10 Year103.03%
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)-0.36
RSI(14)51.54
LBB30.12
UBB34.6
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 |
|---|---|---|---|
| 35.11 | 32.00 | 3.11 (8.86%) | 11.29% |
| An entry @35.11. This is a Buy Stop order right above the resistance zone. | An exit @32.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.11 points, which is 8.86%. | When investing 11.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TG THERAPEUTICS INC
NASDAQ:TGTX (12/24/2024, 7:41:00 PM)
After market: 32.8058 +0.65 (+2.01%)32.16
-0.1 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.31%
1 Week-4.2%
2 Weeks1.55%
1 Month-7.08%
3 Month34.96%
6 Month80.78%
12 Month88.29%
2 Year171.85%
3 Year69.26%
5 Year189.73%
10 Year103.03%
15 YearN/A
Volatility
ATR(14)1.69
ATR(20)%4.98%
ATR Inc-50.94%
Range Today0.65
ADR(20)1.6
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.78
Mansfield4.23
10 Day High35.03
10 Day Low30.41
20 Day High35.78
20 Day Low30.41
52 Week High36.84
52 Week Low12.84
CS1 End32.1
CR1 Start34.9
Volume & EV
DER(3)2.34%
DER(5)0.38%
Volume496.40K
Volume Incr-23.61%
Vol(5)1.81M
Vol(50)3.07M