TRANSDIGM GROUP INC (TDG) Stock Technical Analysis
NYSE:TDG - New York Stock Exchange, Inc. - US8936411003 - Common Stock - Currency: USD
Taking everything into account, TDG scores 8 out of 10 in our technical rating. Although TDG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
TDG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TDG is performing more or less in line with the market.
In the last month TDG has a been trading in the 1355.74 - 1488.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that TDG is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TDG is part of the Aerospace & Defense industry. There are 64 other stocks in this industry, TDG did better than 46% of them.
TDG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1373.21, a Stop Loss order could be placed below this zone.
More info and screens
1,200.15
1,487.36
5 important support areas can be observed.
- A support zone ranging from 1367.71 to 1373.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @1302.25 from a horizontal line in the daily time frame.
- Support @1276.94 from a trend line in the weekly time frame.
- A support zone ranging from 1231.74 to 1252.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1212.27 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1410.92 to 1416.52. 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 1442.53 to 1472.63. 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 | UP | POSITIVE | The long term trend for TDG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDG is up. |
| ChartMill Relative Strength | 76.7 | POSITIVE | TDG has a high relative strength, it outperformed 76.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TDG is below 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 | POSITIVE | The current price of TDG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for TDG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.7 | NEGATIVE | The MACD value suggests TDG has a negative trend. |
| Stochastics (14,3) | 44.05 | NEUTRAL | The Stochastics value for TDG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for TDG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.06 | NEGATIVE | The low ADX value for TDG suggests a weak or negative 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)
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 |
|---|---|---|---|
| 1,416.53 | 1,367.70 | 48.83 (3.45%) | 25.00% |
| An entry @1416.53. This is a Buy Stop order right above the resistance zone. | An exit @1367.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 48.83 points, which is 3.45%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
1405.15
-2.83 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.2%
1 Week-0.03%
2 Weeks1.46%
1 Month2.71%
3 Month8.92%
6 Month11.49%
12 Month4.06%
2 Year81.63%
3 Year132.11%
5 Year230.76%
10 Year521.64%
15 Year2563.29%
Volatility
ATR(14)37.73
ATR(20)%2.49%
ATR Inc-30.44%
Range Today16.98
ADR(20)32.94
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.7
Mansfield0.37
10 Day High1450
10 Day Low1355.74
20 Day High1488.54
20 Day Low1355.74
52 Week High1488.54
52 Week Low1176.31
CS1 End1373.21
CR1 Start1410.92
Volume & EV
DER(3)-1.5%
DER(5)-0.31%
Volume229.90K
Volume Incr-29.87%
Vol(5)217.60K
Vol(50)306.06K