We assign a technical rating of 0 out of 10 to TACT. TACT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TACT is a bad performer in the overall market: 84% of all stocks are doing better.
- TACT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month TACT has a been trading in the 3.46 - 4.32 range, which is quite wide. It is currently trading near the lows of this range.
- TACT is part of the Technology Hardware, Storage & Peripherals industry. There are 34 other stocks in this industry, TACT did better than 45% of them.
Although the technical rating is bad, TACT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.48, a Stop Loss order could be placed below this zone.
More info and screens
3.40
When analyzing the support we notice one important area.
- A support zone ranging from 3.43 to 3.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.94 to 4.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for TACT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TACT is down. |
| ChartMill Relative Strength | 16.66 | NEGATIVE | TACT has a low relative strength, it was outperformed by 83.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TACT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TACT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TACT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.62 | NEUTRAL | The RSI value for TACT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TACT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.64 | OVERSOLD | The low Stochastics value suggests TACT may be oversold. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for TACT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.45 | NEGATIVE | The low ADX value for TACT suggests a weak or negative trend. |
NASDAQ:TACT (2/4/2026, 8:00:01 PM)
3.56
-0.06 (-1.66%)
TRANSACT TECHNOLOGIES INC / TACT FAQ
What is the ChartMill technical rating of TRANSACT TECHNOLOGIES INC (TACT) stock?
ChartMill assigns a technical rating of 0 / 10 to TACT.
Can you provide the trend direction for TRANSACT TECHNOLOGIES INC?
The current trend direction for TRANSACT TECHNOLOGIES INC (TACT) is Bearish.
What is the RSI signal for TRANSACT TECHNOLOGIES INC (TACT) stock?
TRANSACT TECHNOLOGIES INC (TACT) has an RSI value of 41.6233. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRANSACT TECHNOLOGIES INC (TACT) stock?
The buy/sell signal for TRANSACT TECHNOLOGIES INC (TACT) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TRANSACT TECHNOLOGIES INC (TACT) stock?
TRANSACT TECHNOLOGIES INC (TACT) has a support level at 3.48 and a resistance level at 3.58. Check the full technical report for our detailed analysis of TACT support and resistance levels.