TAT TECHNOLOGIES LTD (TATT) Stock Technical Analysis
NASDAQ:TATT • IL0010827264
Taking everything into account, TATT scores 9 out of 10 in our technical rating. In the last year, TATT was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that TATT is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by TATT over the past year are nicely spread over this period.
- 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.
- TATT is an average performer in the Aerospace & Defense industry, it outperforms 66% of 73 stocks in the same industry.
- In the last month TATT has a been trading in the 45.66 - 54.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TATT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 52.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TATT 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
40.81
When analyzing the support we can see 4 important areas.
- A support zone ranging from 46.11 to 47.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.55 from a trend line in the weekly time frame.
- Support @42.64 from a trend line in the weekly time frame.
- Support @41.22 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.55 to 53.66. This zone is formed by a combination of multiple trend lines 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 | 92.38 | POSITIVE | TATT has a high relative strength, it outperformed 92.38% 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 | POSITIVE | The current price of TATT is above 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) | 48.82 | NEUTRAL | The RSI value for TATT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests TATT has a negative trend. |
| Stochastics (14,3) | 46.52 | NEUTRAL | The Stochastics value for TATT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for TATT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.64 | NEUTRAL | The ADX value for TATT suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 49.50 | 46.10 | 3.40 (6.87%) | 14.56% |
| An entry @49.50. This is a Buy Stop order right above the 10 day moving average. | An exit @46.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.40 points, which is 6.87%. | When investing 14.56% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TATT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
49.19
-1.09 (-2.18%)
TAT TECHNOLOGIES LTD / TATT FAQ
Can you provide the ChartMill technical rating for TAT TECHNOLOGIES LTD?
ChartMill assigns a technical rating of 9 / 10 to TATT.
What is the current trend direction of TAT TECHNOLOGIES LTD (TATT) stock?
The current trend direction for TAT TECHNOLOGIES LTD (TATT) is Bullish.
Can you provide the RSI signal for TAT TECHNOLOGIES LTD?
TAT TECHNOLOGIES LTD (TATT) has an RSI value of 48.823. This indicates that the stock is currently neutral.
What is the MACD signal for TAT TECHNOLOGIES LTD (TATT) stock?
The MACD indicator for TAT TECHNOLOGIES LTD (TATT) has a value of -0.378443, indicating a bearish trend.
What are the support and resistance levels for TAT TECHNOLOGIES LTD (TATT) stock?
TAT TECHNOLOGIES LTD (TATT) has a support level at 47.87 and a resistance level at 52.55. Check the full technical report for our detailed analysis of TATT support and resistance levels.