TREACE MEDICAL CONCEPTS INC (TMCI) Stock Technical Analysis
NASDAQ:TMCI - Nasdaq - US89455T1097 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to TMCI. Although TMCI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, TMCI is a bad performer in the overall market: 75% of all stocks are doing better.
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.
TMCI is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, TMCI did better than 49% of them.
TMCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMCI is lagging the market.
In the last month TMCI has a been trading in the 9.06 - 10.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMCI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
4.86
10.66
2 important support areas can be observed.
- Support @8.82 from a trend line in the daily time frame.
- Support @4.91 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @10.26 from a horizontal line in the weekly time frame.
- Resistance @10.55 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.89
Mansfield1.02
10 Day High10.46
10 Day Low9.32
20 Day High10.79
20 Day Low9.06
52 Week High14.82
52 Week Low3.92
Performance
1 Week-7.04%
2 Weeks-8.85%
1 Month0.11%
3 Month19.67%
6 Month45.95%
12 Month-34.25%
2 Year-56.34%
3 Year-56.5%
5 YearN/A
10 YearN/A
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)-0.16
RSI(14)47.42
LBB9.42
UBB10.69
9.37
-0.29 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3%
1 Week-7.04%
2 Weeks-8.85%
1 Month0.11%
3 Month19.67%
6 Month45.95%
12 Month-34.25%
2 Year-56.34%
3 Year-56.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%5.89%
ATR Inc9.14%
Range Today0.64
ADR(20)0.53
ADR(20)%5.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.89
Mansfield1.02
10 Day High10.46
10 Day Low9.32
20 Day High10.79
20 Day Low9.06
52 Week High14.82
52 Week Low3.92
CS1 End8.82
CR1 Start10.26
Volume & EV
DER(3)-10.2%
DER(5)-6.12%
Volume257.50K
Volume Incr-48.3%
Vol(5)235.62K
Vol(50)341.89K