TG THERAPEUTICS INC (TGTX) Technical Analysis
NASDAQ:TGTX • US88322Q1085
Current stock price
TGTX Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to TGTX. Recently some decent action could be observed, but in the medium term time frame this is still negative. TGTX was also a bad performer in the overall market in the last year.
- 76% of all other stocks performed better in the past year than TGTX.
- TGTX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TGTX is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TGTX has a been trading in the 26.76 - 32.47 range, which is quite wide. It is currently trading near the high of this range.
- TGTX has an average volume of 2093250 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 42% of 519 stocks in the same industry.
TGTX Weekly and Daily overview Charts
TGTX Setup Rating and Analysis
TGTX has an average technical rating and also the quality of the setup is only medium 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
TGTX Support and Resistance Analysis
26.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.57 to 30.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.72 to 27.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.83 to 32.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
TGTX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for TGTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGTX is up. |
| ChartMill Relative Strength | 24.81 | NEGATIVE | TGTX has a low relative strength, it was outperformed by 75.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGTX is above the rising 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) | 60.75 | NEUTRAL | The RSI value for TGTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests TGTX has a positive trend. |
| Stochastics (14,3) | 71.28 | NEUTRAL | The Stochastics value for TGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TGTX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for TGTX suggests a strong trend. |
TGTX Chart- and CandleStick Pattern Analysis
TGTX Technicals: Chart, Performance Metrics, Trend & Indicators
31.82
+1.6 (+5.29%)
TG THERAPEUTICS INC / TGTX TA FAQ
What is the technical rating for TGTX stock?
ChartMill assigns a technical rating of 4 / 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 60.7457. 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 0.271926, 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 positive.