TransMedics Group TMDX stock price is up 50% in the last 5 days & volume is up 1,000%, but is it over for this breakout stock?
There is an old adage, “two heads are better than one”, so let’s collaborate on TMDX and compare notes.
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns. I believe the stock market is not gambling, it is also not fool proof, but I have developed a dependable system. I have found some critical components to success for TMDX, tell me what you think.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for TMDX is, a 🔥🔥🔥 3 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT Stock Reporting system for breakout stocks.
To find out more about my story, CLICK HERE
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TransMedics Group Company Information
Company Name: TransMedics Group
Ticker: TMDX
Exchange: NASDAQ
Website: https://investors.transmedics.com/
TransMedics Group Company Summary:
TransMedics Group, Inc. operates as a commercial stage medical technology company. The firm engages in the development and commercialization of organ care system platform. It focuses on the preservation of human organs for transplant in a near-physiologic condition to address the limitations of cold storage organ preservation. The company was founded by Waleed H. Hassanein in August 1998 and is headquartered in Andover, MA.
TMDX stock price is due to News?
May 03
Reported financial results for the quarter ended March 31, 2022.
- Net revenue of $15.9 million in the first quarter of 2022, a 125% increase compared to the first quarter of 2021
- Received FDA pre-market approval (PMA) of OCS(TM) DCD heart indication on April 28, 2022
- Results from the U.S. randomized OCS(TM) DCD Heart trial along with OCS(TM) Lung Trial 5-year data presented at the International Society of Heart and Lung Transplantation (ISHLT) annual meeting
Trending Stock TMDX 5 Day Chart
TMDX Stock Price HOT Stock Grade:
The official heat level for TMDX is, a 🔥🔥🔥 3 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4. Do you agree?
TMDX Trading Volume
The volume, is trading at an increase of 1,000% over the average which indicates a higher demand in the stock.
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
TMDX Technicals
The technical analysis “chart reading”, it is bullish and has been that way since the early part of this month with a steady ascending channel.
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
TMDX News Cycle
The news, there is significant news. “Net revenue of $15.9 million in the first quarter of 2022, a 125% increase compared to the first quarter of 2021” That is very good news, hence the increase!
TMDX Fundamentals
The fundamentals, there is exciting financial filings associated with this stock, “18% growth”!
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
TMDX Awareness
Marketing efforts “Awareness Campaigns”, I have not found marketing efforts around the investor awareness of this company. Hence the 3 out of 4. Do you agree? Write me a line at [email protected]
Again, two heads are better than one, let’s work together to have the best trading year of our lives!
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