Londinia Opportunities Analyses - 05/02/2024 (GMT) TANDEM DIABETES CARE INC. - Daily

TANDEM DIABETES CARE INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: TNDM
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 34.99 USD
My targets
39.85 USD (+9.64%)
43.02 USD (+18.34%)
My analysis
TANDEM DIABETES CARE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 34.99 USD. The next resistance located at 39.85 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 43.02 USD. After this resistance, buyers could then target 47.37 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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Additional analysis

Quotes

TANDEM DIABETES CARE INC. rating 36.35 USD. The price has increased by +0.41% since the last closing and was traded between 34.43 USD and 37.57 USD over the period. The price is currently at +5.58% from its lowest and -3.25% from its highest.

34.43
37.57
36.35

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TANDEM DIABETES CARE INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of TANDEM DIABETES CARE INC. in Journalier shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 22.07 31.07 35.82 36.35 47.37 76.80 121.75
Change (%) -39.28% -14.53% -1.46% - +30.32% +111.28% +234.94%
Change -14.28 -5.28 -0.53 - +11.02 +40.45 +85.40
Level Minor Major Major - Minor Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.8634.9135.5636.6137.2638.3138.96
Camarilla35.7335.8936.0436.2036.3636.5136.67
Woodie33.6534.8135.3536.5137.0538.2138.75
Fibonacci34.9135.5635.9636.6137.2637.6638.31


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.3327.7331.4833.8837.6340.0343.78
Camarilla33.5534.1134.6835.2435.8036.3736.93
Woodie26.0228.0732.1734.2238.3240.3744.47
Fibonacci27.7330.0831.5333.8836.2337.6840.03


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.7926.9631.8234.9939.8543.0247.88
Camarilla34.4835.2235.9536.6937.4338.1638.90
Woodie24.6527.3832.6835.4140.7143.4448.74
Fibonacci26.9630.0231.9234.9938.0539.9543.02

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.39
MACD (12,26,9): 1.2900
Directional Movement: 8.39
AROON (14): 42.85
DEMA (21): 35.94
Parabolic SAR (0,02-0,02-0,2): 32.83
Elder Ray (13): 1.06
Super Trend (3,10): 31.91
Zig ZAG (10): 36.11
VORTEX (21): 0.9700
Stochastique (14,3,5): 78.17
TEMA (21): 36.12
Williams %R (14): -22.79
Chande Momentum Oscillator (20): 3.36
Repulse (5,40,3): -2.2400
ROCnROLL: 1
TRIX (15,9): 0.4700
Courbe Coppock: 13.92
MA7: 36.02
MA20: 34.03
MA50: 31.76
MA100: 28.68
MAexp7: 35.74
MAexp20: 34.27
MAexp50: 31.87
MAexp100: 29.36
Price / MA7: +0.92%
Price / MA20: +6.82%
Price / MA50: +14.45%
Price / MA100: +26.74%
Price / MAexp7: +1.71%
Price / MAexp20: +6.07%
Price / MAexp50: +14.06%
Price / MAexp100: +23.81%

Quotes : - 15 min delayed data - Actions NASDAQ