TELEDYNE TECHNOLOGIES INC (TDY) Technical Analysis
NYSE:TDY • US8793601050
Overall TDY gets a technical rating of 8 out of 10. In the last year, TDY was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, TDY did better than 86% 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 an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 66% of 124 stocks in the same industry.
- In the last month TDY has a been trading in the 631.47 - 693.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TDY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 646.56, a Stop Loss order could be placed below this zone.
More info and screens
481.72
We found 5 important support areas.
- A support zone ranging from 646.56 to 646.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @560.93 from a trend line in the daily time frame.
- Support @523.14 from a trend line in the weekly time frame.
- Support @505.80 from a trend line in the weekly time frame.
- Support @486.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 681.11 to 688.60. 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 | 86.73 | POSITIVE | TDY has a high relative strength, it outperformed 86.73% 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) | 47.65 | NEUTRAL | The RSI value for TDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.86 | NEGATIVE | The MACD value suggests TDY has a negative trend. |
| Stochastics (14,3) | 33.82 | NEUTRAL | The Stochastics value for TDY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for TDY suggests some volalility. |
| Average Directional Index/ADX (14) | 34.39 | POSITIVE | The high ADX value value for TDY suggests a strong 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 |
|---|---|---|---|
| 665.26 | 646.55 | 18.71 (2.81%) | 25.00% |
| An entry @665.26. This is a Buy Stop order right above the 10 day moving average. | An exit @646.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 18.71 points, which is 2.81%. | For a 0.70% 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 TDY. 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.
TDY Technicals: Chart, Performance Metrics, Trend & Indicators
646.57
-8.8 (-1.34%)
TELEDYNE TECHNOLOGIES INC / TDY FAQ
Can you provide the ChartMill technical rating for TELEDYNE TECHNOLOGIES INC?
ChartMill assigns a technical rating of 8 / 10 to TDY.
What is the current trend direction of TELEDYNE TECHNOLOGIES INC (TDY) stock?
The current trend direction for TELEDYNE TECHNOLOGIES INC (TDY) is Bullish.
Can you provide the RSI signal for TELEDYNE TECHNOLOGIES INC?
TELEDYNE TECHNOLOGIES INC (TDY) has an RSI value of 47.651. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TELEDYNE TECHNOLOGIES INC?
The short term momentum for TELEDYNE TECHNOLOGIES INC (TDY) is neutral.
What are the support and resistance levels for TELEDYNE TECHNOLOGIES INC (TDY) stock?
TELEDYNE TECHNOLOGIES INC (TDY) has a support level at 646.56 and a resistance level at 681.11. Check the full technical report for our detailed analysis of TDY support and resistance levels.