The Hourly View for TNDM
Currently, TNDM (Get Ratings)’s price is down $-1.43 (-1.09%) from the hour prior. The hourly chart shows that TNDM has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Out of Medical Equipment stocks, TNDM ranks 119th in regards to today’s price percentage change.
TNDM’s Technical Outlook on the Daily Chart
At the moment, TNDM’s price is down $-0.92 (-0.7%) from the day prior. TNDM has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Tandem Diabetes Care Inc’s price action over the past 90 days can be seen via the chart below.
TNDM: Daily RSI Analysis
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