TFX - Teleflex, Inc.
Context Technical Analysis
Since early April, TFX is moving slowly up and above its 10- 20- and 50-day moving average.
Last session’s price broke above the upper Bollinger Band, a sign of bullish strength.
Finally, TFX also broke above the yellow resistance line.
MACD is moving up, just above its Signal Line.
The Relative Strength of TFX is moving up and mostly above its 20-day moving average.
Higher Time Frame
From TFX's weekly chart below, we can see:
· TFX has moved above its 10- 20- and 50-week moving average
· The MACD is rising above its signal line
· TFX’s Relative Strength is moving up and above its 20-day moving average.