TNDM 2019
Calculated runBefore the breakout
Base length112 trading days
Base: consolidation before the breakout. Depth measures the distance from the pivot to the lowest closing price in that period. Calculated runs examine at most 119 preceding trading days.
Base depth-45.3%
Base: consolidation before the breakout. Depth measures the distance from the pivot to the lowest closing price in that period. Calculated runs examine at most 119 preceding trading days.
Prior run+165.2%
Price advance before the base. Calculated runs compare the pivot with a closing price around 60 trading days before the base.
Breakout
Pivot$52.03
Pivot: the breakout level marked on the chart. For calculated runs, it is the highest daily high over the preceding 20 trading days.
Breakout day volume8.4×
Breakout day volume divided by average daily volume over up to 50 preceding trading days. 3× means three times that reference volume.
Calendar year performance 2019
Peak+128.1%
Advance from the lowest closing price before the confirmed yearly peak to that peak. Both points are identified in hindsight. This is not an achieved trading return.
Yearly return+62.8%
Price change from the first stored opening price to the last stored closing price of the calendar year. Costs and taxes are not included.
Largest drawdown-27.8%
Largest closing price decline from a preceding closing high within the calendar year. It does not necessarily occur after the marked breakout.
ADR 205.1%
Average Daily Range: daily high to low range as a percentage of the low, averaged over 20 trading days. Calculated runs show the median of those values during the calendar year, not the current ADR.
News around the breakout
8-K Ergebnisbekanntgabe (Item 2.02), TANDEM DIABETES CARE INC ↗Feb 26, 2019 · SEC EDGAR
Timing alone does not establish that this news caused the price advance.
Data and definitions · Calculated run
Calculated from daily prices. The marked breakout is the day with the largest percentage closing gain above the high of the preceding 20 trading days. This is a retrospective selection, not a trading signal available at the time.
Historical selection of strong price advances. It does not establish a win rate for future setups.