Overall TATT gets a technical rating of 7 out of 10. In the last year, TATT was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, TATT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 39.54, a Stop Loss order could be placed below this zone.
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26.23
6 important support areas can be observed.
- A support zone ranging from 38.41 to 39.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.13 from a trend line in the daily time frame.
- Support @36.07 from a horizontal line in the daily time frame.
- Support @32.12 from a trend line in the weekly time frame.
- Support @27.27 from a trend line in the daily time frame.
- Support @26.49 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @42.26 from a horizontal line in the weekly time frame.
- Resistance @44.77 from a horizontal line in the daily time frame.
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 | 87.93 | POSITIVE | TATT has a high relative strength, it outperformed 87.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TATT is above 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 | POSITIVE | The current price of TATT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.06 | NEUTRAL | The RSI value for TATT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TATT has a positive trend. |
| Stochastics (14,3) | 48.79 | NEUTRAL | The Stochastics value for TATT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for TATT suggests high volalility. |
| Average Directional Index/ADX (14) | 11.9 | NEGATIVE | The low ADX value for TATT suggests a weak or negative 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 |
|---|---|---|---|
| 42.27 | 38.40 | 3.87 (9.16%) | 10.92% |
| An entry @42.27. This is a Buy Stop order right above the resistance zone. | An exit @38.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.87 points, which is 9.16%. | When investing 10.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
39.68
+0.88 (+2.27%)
TAT TECHNOLOGIES LTD / TATT FAQ
Can you provide the ChartMill technical rating for TAT TECHNOLOGIES LTD?
ChartMill assigns a technical rating of 7 / 10 to TATT.
Can you provide the trend direction for TAT TECHNOLOGIES LTD?
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 51.0554. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TAT TECHNOLOGIES LTD?
TAT TECHNOLOGIES LTD (TATT) has a support level at 39.54 and a resistance level at 42.26. Check the full technical report for our detailed analysis of TATT support and resistance levels.