TAT TECHNOLOGIES LTD (TATT) Stock Technical Analysis
USA - NASDAQ:TATT - IL0010827264 - Common Stock
38.86 USD
-1.55 (-3.84%)
39.6 USD
+0.74 (+1.9%)
We assign a technical rating of 9 out of 10 to TATT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TATT has a been trading in the 38.32 - 45.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that TATT is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by TATT over the past year are nicely spread over this period.
TATT is part of the Aerospace & Defense industry. There are 69 other stocks in this industry. TATT outperforms 86% of them.
TATT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TATT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TATT also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 38.85, a Stop Loss order could be placed below this zone.
More info and screens
25.37
43.26
We found 5 important support areas.
- A support zone ranging from 38.30 to 38.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.90 from a trend line in the daily time frame.
- Support @33.81 from a horizontal line in the weekly time frame.
- Support @30.03 from a trend line in the weekly time frame.
- Support @25.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.08 to 42.83. 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 | UP | POSITIVE | The long term trend for TATT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TATT is neutral. |
| ChartMill Relative Strength | 94.34 | POSITIVE | TATT has a high relative strength, it outperformed 94.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TATT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TATT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TATT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.02 | NEUTRAL | The RSI value for TATT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests TATT has a negative trend. |
| Stochastics (14,3) | 22.6 | NEUTRAL | The Stochastics value for TATT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for TATT suggests high volalility. |
| Average Directional Index/ADX (14) | 20.87 | NEUTRAL | The ADX value for TATT suggests a possible start of a new 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)
38.86
-1.55 (-3.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-3.84%
1 Week-7.28%
2 Weeks-8.02%
1 Month-5.89%
3 Month24.63%
6 Month18.33%
12 Month113.52%
2 Year400.13%
3 Year504.36%
5 Year843.2%
10 Year440.47%
15 Year497.85%
Volatility
ATR(14)2.58
ATR(20)%6.07%
ATR Inc1.49%
Range Today2.17
ADR(20)2.26
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.34
Mansfield1.95
10 Day High45.4
10 Day Low38.32
20 Day High45.4
20 Day Low38.32
52 Week High45.4
52 Week Low17.71
CS1 End38.85
CR1 Start42.08
Volume & EV
DER(3)-3.28%
DER(5)0.24%
Volume76.00K
Volume Incr-37.16%
Vol(5)95.24K
Vol(50)169.74K