TRANSACT TECHNOLOGIES INC (TACT)

US8929181035 - Common Stock

5.18  0 (0%)

Technical Rating and Analysis

2

Overall TACT gets a technical rating of 2 out of 10. In the past year, TACT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, TACT is a bad performer in the overall market: 86% of all stocks are doing better.
TACT is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 74% of 32 stocks in the same industry do better.
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 21977 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TACT has a been trading in the 4.50 - 5.38 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Weekly and Daily overview Charts
TACT Weekly chart
TACT Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, TACT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

4.59

7.74

We found 1 important support area.

  • Support @4.64 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 5.19 to 5.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @5.36 from a horizontal line in the daily time frame.
  • Resistance @7.17 from a trend line in the weekly time frame.
  • Resistance @7.66 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.79
Mansfield-3.27
10 Day High5.38
10 Day Low4.5
20 Day High5.38
20 Day Low4.5
52 Week High9.44
52 Week Low4.5
Performance
1 Week5.71%
2 Weeks11.4%
1 Month5.5%
3 Month-31.66%
6 Month-13.38%
12 Month-7.5%
2 Year22.75%
3 Year-62.92%
5 Year-39.84%
10 Year-49.61%
15 Year4.02%
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)52.39
LBB4.41
UBB5.37
TACT Daily chart

TRANSACT TECHNOLOGIES INC

NASDAQ:TACT (5/3/2024, 3:00:44 PM)

5.18

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0%
1 Week5.71%
2 Weeks11.4%
1 Month5.5%
3 Month-31.66%
6 Month-13.38%
12 Month-7.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%3.87%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.38
10 Day Low4.5
20 Day High5.38
20 Day Low4.5
52 Week High9.44
52 Week Low4.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.19K
Volume Incr25.24%
Vol(5)25.28K
Vol(50)21.98K