10X GENOMICS INC-CLASS A (TXG) Stock Technical Analysis
NASDAQ:TXG - Nasdaq - US88025U1097 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TXG. TXG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than TXG.
TXG is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 81% of 55 stocks in the same industry do better.
TXG is currently trading near the lower end of its 52 week range, which is not a good sign. TXG is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TXG has an average volume of 3584440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TXG has a been trading in the 6.78 - 9.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TXG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TXG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.69
12.25
We found 1 important support area.
- Support @7.77 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.31 to 8.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.76 from a trend line in the daily time frame.
- Resistance @12.13 from a trend 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
CRS5.03
Mansfield-4.97
10 Day High8.67
10 Day Low7.25
20 Day High9.47
20 Day Low6.78
52 Week High29.37
52 Week Low6.78
Performance
1 Week10.52%
2 Weeks7.79%
1 Month-11.8%
3 Month-43.96%
6 Month-46.42%
12 Month-69.92%
2 Year-84.17%
3 Year-82.62%
5 Year-89.61%
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)45.56
LBB7.19
UBB8.72
8.3
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.12%
1 Week10.52%
2 Weeks7.79%
1 Month-11.8%
3 Month-43.96%
6 Month-46.42%
12 Month-69.92%
2 Year-84.17%
3 Year-82.62%
5 Year-89.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%8.59%
ATR Inc-47.09%
Range Today0.39
ADR(20)0.64
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.03
Mansfield-4.97
10 Day High8.67
10 Day Low7.25
20 Day High9.47
20 Day Low6.78
52 Week High29.37
52 Week Low6.78
CS1 End7.77
CR1 Start8.31
Volume & EV
DER(3)6.24%
DER(5)6.28%
Volume3.03M
Volume Incr41.25%
Vol(5)4.98M
Vol(50)3.58M