Previous Hold Today TCMD ranks #2874 as HOLD CANDIDATE. Next Hold
Today TCMD ranks #2874 as HOLD CANDIDATE.

TCMD stock Tactile Systems Technology Inc

TCMD stock
Tactile Systems Technology Inc

March 21, 2019
Change 1.25%
Chart period: 2018-12-24 - 2019-03-21
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will TCMD stock price go up or down on Mon, 25 Mar 2019?

Our Evaluation:

Stop-Loss: $56.57 (-7.04%) Risk: High

Evaluation: This stock has high daily movements and this gives high risk. Low RSI14 is 21 which reduces the risk some. There is a buy signal from pivot bottom found 1 days ago.

Pivot Evaluation:

Fair price March 22, 2019 - $60.72

Current price: $60.85 ( Overvalued )

Fibonacci

Using the Fibonacci method to find support & resistance
Level Price Change
R3 62.32 2.41 %
R2 61.71 1.41 %
R1 61.33 0.79 %
Current price: 60.85 0 %
S1 60.11 -1.22 %
S2 59.73 -1.84 %
S3 59.12 -2.85 %

Accumulated Volume

Using accumulated volume to find support & resistance
Level Price Chg %
R3 72.99 19.95 %
R2 66.14 8.69 %
R1 62.50 2.71 %
Current price 60.85 0 %
S1 60.38 -0.77%
S2 60.09 -1.25%
S3 59.73 -1.84%

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.