TRANSACT TECHNOLOGIES INC (TACT) Stock Technical Analysis
NASDAQ:TACT - Nasdaq - US8929181035 - Common Stock - Currency: USD
Overall TACT gets a technical rating of 3 out of 10. TACT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TACT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TACT is lagging the market.
Warning: TACT has an average volume of 13474 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TACT is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 80% of 32 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, TACT turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
In the last month TACT has a been trading in the 3.12 - 4.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TACT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TACT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.23
4.53
We found 3 important support areas.
- A support zone ranging from 3.58 to 3.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.42 to 3.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @3.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 3.75 to 3.77. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 3.88 to 3.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @4.23 from a trend line in the weekly time frame.
- Resistance @4.30 from a trend line in the daily time frame.
- Resistance @4.49 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TACT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TACT is neutral. |
| ChartMill Relative Strength | 45.39 | NEUTRAL | TACT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TACT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TACT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TACT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.89 | NEUTRAL | The RSI value for TACT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TACT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.3 | NEUTRAL | The Stochastics value for TACT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for TACT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.73 | POSITIVE | The high ADX value value for TACT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:TACT (5/22/2025, 8:00:00 PM)
3.72
-0.12 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-3.12%
1 Week6.29%
2 Weeks1.09%
1 Month13.76%
3 Month-12.06%
6 Month-10.58%
12 Month8.45%
2 Year-48.26%
3 Year-11.85%
5 Year-9.27%
10 Year-42.86%
15 Year-49.46%
Volatility
ATR(14)0.29
ATR(20)%7.51%
ATR Inc-22.8%
Range Today0.29
ADR(20)0.24
ADR(20)%6.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.39
Mansfield-1.04
10 Day High4.14
10 Day Low3.12
20 Day High4.14
20 Day Low3.12
52 Week High5.11
52 Week Low3.12
CS1 End3.64
CR1 Start3.75
Volume & EV
DER(3)0.34%
DER(5)4%
Volume31.10K
Volume Incr348.82%
Vol(5)37.88K
Vol(50)13.47K