TELEDYNE TECHNOLOGIES INC (TDY) Stock Technical Analysis
NYSE:TDY - US8793601050 - Common Stock
541.29 USD
-3.48 (-0.64%)
541.29 USD
0 (0%)
We assign a technical rating of 8 out of 10 to TDY. In the last year, TDY was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TDY did better than 77% of all other stocks. On top of that, TDY also shows a nice and consistent pattern of rising prices.
TDY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TDY is lagging the market slightly.
TDY is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, TDY did better than 54% of them.
In the last month TDY has a been trading in a tight range between 534.55 and 560.13.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TDY also presents a decent setup pattern. 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 support zone below the current price at 538.46, a Stop Loss order could be placed below this zone.
More info and screens
367.00
569.31
3 important support areas can be observed.
- A support zone ranging from 530.72 to 538.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @466.24 from a trend line in the weekly time frame.
- Support @370.71 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 542.26 to 552.30. 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 563.67 to 563.67. 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 TDY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TDY is neutral. |
| ChartMill Relative Strength | 77.25 | POSITIVE | TDY has a high relative strength, it outperformed 77.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TDY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.15 | NEUTRAL | The RSI value for TDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.39 | NEGATIVE | The MACD value suggests TDY has a negative trend. |
| Stochastics (14,3) | 37.13 | NEUTRAL | The Stochastics value for TDY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for TDY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.65 | NEGATIVE | The low ADX value for TDY 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 |
|---|---|---|---|
| 552.31 | 534.54 | 17.77 (3.22%) | 25.00% |
| An entry @552.31. This is a Buy Stop order right above the resistance zone. | An exit @534.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 17.77 points, which is 3.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- 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.
541.29
-3.48 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.64%
1 Week-0.1%
2 Weeks-1.61%
1 Month-1.69%
3 Month8.51%
6 Month5.1%
12 Month25.07%
2 Year29.4%
3 Year46.95%
5 Year72.6%
10 Year452.84%
15 Year1396.1%
Volatility
ATR(14)8.1
ATR(20)%1.65%
ATR Inc-50.8%
Range Today4.86
ADR(20)8.69
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.25
Mansfield0.13
10 Day High553.67
10 Day Low534.55
20 Day High560.13
20 Day Low534.55
52 Week High570.56
52 Week Low416
CS1 End538.46
CR1 Start542.26
Volume & EV
DER(3)0.19%
DER(5)1.81%
Volume178.70K
Volume Incr-40.54%
Vol(5)210.16K
Vol(50)386.78K