TRANSDIGM GROUP INC (TDG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDG - US8936411003 - Common Stock
We assign a technical rating of 6 out of 10 to TDG. TDG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, TDG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1345.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1337.24, a Stop Loss order could be placed below this zone.
More info and screens
1,200.15
2 important support areas can be observed.
- A support zone ranging from 1231.74 to 1337.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1212.27 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1345.56 to 1360.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1399.57 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 TDG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDG is up. |
| ChartMill Relative Strength | 61.94 | NEUTRAL | TDG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TDG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.67 | NEUTRAL | The RSI value for TDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests TDG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.95 | NEUTRAL | The Stochastics value for TDG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for TDG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.52 | NEGATIVE | The low ADX value for TDG 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 |
|---|---|---|---|
| 1,360.93 | 1,317.02 | 43.91 (3.23%) | 25.00% |
| An entry @1360.93. This is a Buy Stop order right above the resistance zone. | An exit @1317.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 43.91 points, which is 3.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of TDG. 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.
1337.33
-6.32 (-0.47%)
TRANSDIGM GROUP INC / TDG FAQ
What is the technical rating for TDG stock?
ChartMill assigns a technical rating of 6 / 10 to TDG.
What is the trend direction for TDG stock?
The current trend direction for TRANSDIGM GROUP INC (TDG) is Bearish.
What is the RSI signal for TDG stock?
TRANSDIGM GROUP INC (TDG) has an RSI value of 52.6665. This indicates that the stock is currently neutral.
What is the MACD signal for TRANSDIGM GROUP INC (TDG) stock?
The MACD indicator for TRANSDIGM GROUP INC (TDG) has a value of 0.804695, indicating a bearish trend.