Stock Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
TransEnterix, Inc (AMEX:TRXC)
Crossroads (-60) - TRXC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TRXC?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRXC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRXC
The long-term trend has been UP since Dec 12th, 2019 at 0.9212
The intermediate-term trend has been DOWN since May 15th, 2020 at 0.3900
The short-term trend has been DOWN since Jun 1st, 2020 at 0.4100
Smart Scan Analysis for TRXC
Based on our trend formula, TRXC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.98||Year High Date||2018-09-25|
|Year Low||1.27||Year Low Date||2018-02-09|
|52wk High||33.215||52wk High Date||2019-04-10|
|52wk Low||0.28||52wk Low Date||2020-03-19|
|Average Volume||3,371,522||Shares Outstanding||19,666|