TELEDYNE TECHNOLOGIES INC (TDY) Stock Technical Analysis
NYSE:TDY - New York Stock Exchange, Inc. - US8793601050 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to TDY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TDY is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TDY did better than 81% of all other stocks.
TDY 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 TDY is performing more or less in line with the market.
TDY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TDY is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, TDY did better than 65% of them.
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.
More info and screens
367.00
524.04
When analyzing the support we can see 5 important areas.
- A support zone ranging from 479.99 to 483.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @446.46 from a trend line in the weekly time frame.
- A support zone ranging from 432.80 to 436.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @379.26 from a horizontal line in the weekly time frame.
- Support @370.71 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 515.03 to 518.85. 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 | UP | POSITIVE | The short term trend for TDY is up. |
| ChartMill Relative Strength | 81.98 | POSITIVE | TDY has a high relative strength, it outperformed 81.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDY is above the rising 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) | 52.78 | NEUTRAL | The RSI value for TDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests TDY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.87 | 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) | 15.27 | 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)
486.22
-1.82 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.37%
1 Week-2.59%
2 Weeks0.26%
1 Month6.02%
3 Month-0.98%
6 Month0.52%
12 Month20.8%
2 Year25.1%
3 Year20.01%
5 Year29.96%
10 Year379.84%
15 Year1136.89%
Volatility
ATR(14)7.47
ATR(20)%1.65%
ATR Inc-28.59%
Range Today4.75
ADR(20)7.84
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.98
Mansfield0.54
10 Day High500
10 Day Low483.23
20 Day High500
20 Day Low456.22
52 Week High522.5
52 Week Low380.63
CS1 End483.49
CR1 Start515.03
Volume & EV
DER(3)-0.23%
DER(5)0.38%
Volume156.30K
Volume Incr-22.03%
Vol(5)268.08K
Vol(50)312.51K