TAYLOR DEVICES INC (TAYD) Stock Technical Analysis
NASDAQ:TAYD - Nasdaq - US8771631053 - Common Stock - Currency: USD
Taking everything into account, TAYD scores 8 out of 10 in our technical rating. In the last year, TAYD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: TAYD has an average volume of 24812 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TAYD has a been trading in the 33.67 - 45.69 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that TAYD is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TAYD is part of the Machinery industry. There are 128 other stocks in this industry, TAYD did better than 66% of them.
TAYD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TAYD is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TAYD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.73
46.14
3 important support areas can be observed.
- A support zone ranging from 36.15 to 37.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.90 from a trend line in the weekly time frame.
- Support @31.04 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 | NEUTRAL | NEUTRAL | The long term trend for TAYD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TAYD is up. |
| ChartMill Relative Strength | 82.1 | POSITIVE | TAYD has a high relative strength, it outperformed 82.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TAYD is above the rising 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 | MIXED | The current price of TAYD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.6 | OVERBOUGHT | The high RSI value suggests TAYD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests TAYD has a positive trend. |
| Stochastics (14,3) | 88.98 | OVERBOUGHT | The high Stochastics value suggests TAYD may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for TAYD suggests some volalility. |
| Average Directional Index/ADX (14) | 32.53 | 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)
45.68
+3.51 (+8.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg8.32%
1 Week21.49%
2 Weeks24.81%
1 Month24.71%
3 Month37.42%
6 Month8.61%
12 Month1.56%
2 Year78.72%
3 Year425.66%
5 Year357.03%
10 Year264.27%
15 Year768.44%
Volatility
ATR(14)2.09
ATR(20)%4.21%
ATR Inc57.21%
Range Today3.46
ADR(20)1.83
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.1
Mansfield0.27
10 Day High45.69
10 Day Low35.21
20 Day High45.69
20 Day Low33.67
52 Week High64.5
52 Week Low29.5
CS1 End37.17
CR1 StartN/A
Volume & EV
DER(3)18.55%
DER(5)14.81%
Volume383.40K
Volume Incr658.28%
Vol(5)92.32K
Vol(50)24.81K