TAYLOR DEVICES INC (TAYD) Stock Technical Analysis
USA - NASDAQ:TAYD - US8771631053 - Common Stock
43.49 USD
+0.52 (+1.2%)
43 USD
-0.49 (-1.13%)
We assign a technical rating of 0 out of 10 to TAYD. TAYD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
75% of all other stocks performed better in the past year than TAYD.
In the last month TAYD has a been trading in the 41.11 - 51.93 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: TAYD has an average volume of 11434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
TAYD is part of the Machinery industry. There are 129 other stocks in this industry, TAYD did better than 43% 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.
Although the technical rating is bad, TAYD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 42.36, a Stop Loss order could be placed below this zone.
More info and screens
33.31
51.90
We found 2 important support areas.
- A support zone ranging from 42.36 to 42.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 46.44 to 47.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 49.67 to 49.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.39 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 | DOWN | NEGATIVE | The short term trend for TAYD is down. |
| ChartMill Relative Strength | 25.06 | NEGATIVE | TAYD has a low relative strength, it was outperformed by 74.94% off all stocks 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) | DOWN | NEGATIVE | The current price of TAYD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TAYD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.69 | NEUTRAL | The RSI value for TAYD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests TAYD has a negative trend. |
| Stochastics (14,3) | 12.23 | OVERSOLD | The low Stochastics value suggests TAYD may be oversold. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for TAYD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for TAYD suggests a possible start of a new 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)
43.49
+0.52 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.2%
1 Week-11.35%
2 Weeks-11.59%
1 Month-6.95%
3 Month-5.21%
6 Month35.74%
12 Month-3.76%
2 Year97.01%
3 Year245.71%
5 Year360.02%
10 Year166.48%
15 Year813.66%
Volatility
ATR(14)2.71
ATR(20)%5.71%
ATR Inc-29.73%
Range Today2.38
ADR(20)2.39
ADR(20)%5.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.06
Mansfield-0.23
10 Day High51.75
10 Day Low41.11
20 Day High51.93
20 Day Low41.11
52 Week High53.73
52 Week Low29.5
CS1 End42.36
CR1 Start46.44
Volume & EV
DER(3)-0.39%
DER(5)-1.35%
Volume8.40K
Volume Incr123.38%
Vol(5)21.88K
Vol(50)11.43K