Technical Analysis - Tactile Systems Technology (TCMD) has reached a significant support level, indicating a potential investment opportunity from a technical perspective [1] - TCMD recently broke through the 20-day moving average, suggesting a short-term bullish trend [1][2] Earnings Estimates - Positive earnings estimate revisions for TCMD strengthen the bullish case, with no lowered estimates in the past two months and two raised estimates for the current fiscal year [3] - The consensus earnings estimate for TCMD has also increased, indicating positive sentiment among analysts [3] Stock Performance - TCMD shares have increased by 25.7% over the past four weeks, reflecting strong upward momentum [4] - The company currently holds a Zacks Rank 2 (Buy), suggesting potential for continued stock price appreciation [4]
Tactile Systems Technology (TCMD) Just Overtook the 20-Day Moving Average