TREACE MEDICAL CONCEPTS INC (TMCI)

US89455T1097 - Common Stock

7.94  -0.04 (-0.5%)

After market: 7.91 -0.03 (-0.38%)

Technical Rating and Analysis

8

Overall TMCI gets a technical rating of 8 out of 10. Although TMCI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
In the last month TMCI has a been trading in the 4.54 - 8.37 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, TMCI outperforms 51% of them, which is more or less in line with the market.
TMCI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 61% of 188 stocks in the same industry.
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.
Weekly and Daily overview Charts
TMCI Weekly chart
TMCI Daily chart
Setup Rating and Analysis

5

TMCI has an excellent technical rating, but 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.

Support and Resistance Analysis

4.67

8.53

We found 2 important support areas.

  • Support @7.36 from a horizontal line in the daily time frame.
  • A support zone ranging from 4.72 to 4.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 8.05 to 8.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.30 from a horizontal line in the daily time frame.
  • Resistance @8.45 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.9
Mansfield-2.2
10 Day High8.37
10 Day Low7.21
20 Day High8.37
20 Day Low4.54
52 Week High15.98
52 Week Low3.92
Performance
1 Week4.06%
2 Weeks0.51%
1 Month61.05%
3 Month23.68%
6 Month53.88%
12 Month-10.48%
2 Year-65.7%
3 Year-54.13%
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)0.07
RSI(14)69.08
LBB5.89
UBB9.18
TMCI Daily chart

TREACE MEDICAL CONCEPTS INC

NASDAQ:TMCI (11/21/2024, 8:00:01 PM)

After market: 7.91 -0.03 (-0.38%)

7.94

-0.04 (-0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.5%
1 Week4.06%
2 Weeks0.51%
1 Month61.05%
3 Month23.68%
6 Month53.88%
12 Month-10.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%6.14%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.37
10 Day Low7.21
20 Day High8.37
20 Day Low4.54
52 Week High15.98
52 Week Low3.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume309.60K
Volume Incr-48.06%
Vol(5)404.14K
Vol(50)607.34K