TAT TECHNOLOGIES LTD (TATT) Technical Analysis
NASDAQ:TATT • IL0010827264
Current stock price
TATT Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to TATT. Although TATT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month TATT has a been trading in the 37.27 - 61.78 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.
- Looking at the yearly performance, TATT did better than 75% of all other stocks. On top of that, TATT also shows a nice and consistent pattern of rising prices. However, we also see that TATT couldn't keep up this performance in the last couple of months.
- TATT is an average performer in the Aerospace & Defense industry, it outperforms 47% of 79 stocks in the same industry.
- TATT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TATT is lagging the market slightly.
TATT Weekly and Daily overview Charts
TATT Setup Rating and Analysis
TATT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TATT Support and Resistance Analysis
26.79
We found 3 important support areas.
- A support zone ranging from 37.76 to 38.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @36.29 from a trend line in the weekly time frame.
- Support @27.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @60.32 from a horizontal line in the daily time frame.
TATT Technical Indicator Signal Analysis
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 TATT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TATT is down. |
| ChartMill Relative Strength | 75.42 | POSITIVE | TATT has a high relative strength, it outperformed 75.42% 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) | DOWN | NEGATIVE | The current price of TATT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TATT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.02 | NEUTRAL | The RSI value for TATT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.26 | NEGATIVE | The MACD value suggests TATT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.2 | OVERSOLD | The low Stochastics value suggests TATT may be oversold. |
| Average True Range in percent/ATR (20) | 9.52 | HIGH VOLATILITY | The high ATR as a percentage value for TATT suggests high volalility. |
| Average Directional Index/ADX (14) | 35.98 | POSITIVE | The high ADX value value for TATT suggests a strong trend. |
TATT Chart- and CandleStick Pattern Analysis
TATT Technicals: Chart, Performance Metrics, Trend & Indicators
40.13
-1.35 (-3.25%)
TAT TECHNOLOGIES LTD / TATT TA FAQ
Can you provide the ChartMill technical rating for TAT TECHNOLOGIES LTD?
ChartMill assigns a technical rating of 3 / 10 to TATT.
What is the trend direction for TATT stock?
The current trend direction for TAT TECHNOLOGIES LTD (TATT) is Bearish.
What is the RSI signal for TATT stock?
TAT TECHNOLOGIES LTD (TATT) has an RSI value of 35.0155. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TAT TECHNOLOGIES LTD?
The buy/sell signal for TAT TECHNOLOGIES LTD (TATT) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TAT TECHNOLOGIES LTD (TATT) stock?
TAT TECHNOLOGIES LTD (TATT) has a support level at 38.73 and a resistance level at 60.32. Check the full technical report for our detailed analysis of TATT support and resistance levels.