TAYLOR DEVICES INC (TAYD) Stock Technical Analysis
NASDAQ:TAYD - Nasdaq - US8771631053 - Common Stock - Currency: USD
Overall TAYD gets a technical rating of 4 out of 10. In the last year, TAYD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, TAYD is a bad performer in the overall market: 70% of all stocks are doing better.
TAYD 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 TAYD is lagging the market.
In the last month TAYD has a been trading in the 35.54 - 41.51 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TAYD has an average volume of 19172 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TAYD is part of the Machinery industry. There are 128 other stocks in this industry, TAYD did better than 42% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, TAYD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 38.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.29
41.35
3 important support areas can be observed.
- A support zone ranging from 35.44 to 35.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.49 from a trend line in the weekly time frame.
- Support @30.60 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.99 to 39.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 40.59 to 40.94. 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 | NEUTRAL | NEUTRAL | The long term trend for TAYD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAYD is neutral. |
| ChartMill Relative Strength | 30.78 | NEUTRAL | TAYD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TAYD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TAYD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TAYD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.84 | NEUTRAL | The RSI value for TAYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests TAYD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.5 | OVERSOLD | The low Stochastics value suggests TAYD may be oversold. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for TAYD suggests high volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for TAYD suggests a strong 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)
36.61
+0.74 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.06%
1 Week-0.87%
2 Weeks-0.19%
1 Month-0.92%
3 Month11.99%
6 Month-23.19%
12 Month-21.97%
2 Year43.23%
3 Year321.29%
5 Year266.28%
10 Year191.95%
15 Year596.01%
Volatility
ATR(14)1.78
ATR(20)%5.12%
ATR Inc-26.33%
Range Today1.36
ADR(20)1.81
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.78
Mansfield-1.66
10 Day High38
10 Day Low35.54
20 Day High41.51
20 Day Low35.54
52 Week High64.5
52 Week Low29.5
CS1 End35.86
CR1 Start38.99
Volume & EV
DER(3)-2.01%
DER(5)-4.01%
Volume6.30K
Volume Incr-58.1%
Vol(5)9.18K
Vol(50)19.17K