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Archive - 6/5/2026 - Sign In to see current Signals. |
Teleflex (TFX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Teleflex (TFX). During the week, the TFX climbed 1.20 points, or 0.93%, and closed at 129.84 on Friday, June 5, 2026. Weekly volume was -8% below average.
Long-term trend: [See TFX long-term trend chart] A long-term downtrend had started on April 28, 2021 at 449.38 and reached 100.18 on January 20, 2026. TFX lost 349.20 points, or 77.71%, in 246 weeks. The chart has formed a Descending Triangle chart pattern. The trend support level is at 165.16 and resistance is at 59.60. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a long-term trend.
Medium-term trend: [See TFX medium-term trend chart] A medium-term uptrend had started on January 20, 2026 at 100.18 and reached 139.67 on April 22, 2026. TFX gained -39.49 points, or -39.42%, in 13 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See TFX weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since February 20, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See TFX short-term trend chart] A short-term downtrend had started on May 7, 2026 at 136.30 and reached 124.49 on June 2, 2026. TFX lost 11.81 points, or 8.66%, in 26 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 123.88 and resistance is at 134.93. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See TFX daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 22, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 6.65% on Friday. It is 58.59% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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