Taking everything into account, TGTX scores 0 out of 10 in our technical rating. TGTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TGTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.66, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.05 to 30.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.39 to 26.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.87 to 32.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.03 to 33.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 35.39 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 | 23.31 | NEGATIVE | TGTX has a low relative strength, it was outperformed by 76.69% 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) | 45.52 | NEUTRAL | The RSI value for TGTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TGTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.51 | NEUTRAL | The Stochastics value for TGTX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TGTX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for TGTX suggests a weak or negative trend. |
30.73
-0.39 (-1.25%)
TG THERAPEUTICS INC / TGTX FAQ
What is the technical rating for TGTX stock?
ChartMill assigns a technical rating of 0 / 10 to TGTX.
Can you provide the trend direction for TG THERAPEUTICS INC?
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 45.5178. This indicates that the stock is currently neutral.
What is the short term momentum for TG THERAPEUTICS INC (TGTX) stock?
The short term momentum for TG THERAPEUTICS INC (TGTX) is negative.
Can you provide the support and resistance levels for TG THERAPEUTICS INC?
TG THERAPEUTICS INC (TGTX) has a support level at 30.66 and a resistance level at 30.87. Check the full technical report for our detailed analysis of TGTX support and resistance levels.