TERADYNE INC (TER) Stock Technical Analysis
NASDAQ:TER - US8807701029 - Common Stock
118.24 USD
+0.35 (+0.3%)
118.91 USD
+0.67 (+0.57%)
Taking everything into account, TER scores 8 out of 10 in our technical rating. Although TER 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!
In the last month TER has a been trading in the 103.00 - 120.19 range, which is quite wide. It is currently trading near the high of this range.
TER has an average volume of 4140590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, TER did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
TER is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, TER did better than 64% of them.
TER is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TER is lagging the market.
Although TER has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
96.67
138.10
3 important support areas can be observed.
- A support zone ranging from 114.39 to 118.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @109.30 from a horizontal line in the daily time frame.
- Support @97.65 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 118.25 to 118.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @136.73 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for TER is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TER is up. |
| ChartMill Relative Strength | 78.99 | POSITIVE | TER has a high relative strength, it outperformed 78.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TER is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.77 | NEUTRAL | The RSI value for TER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests TER has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.34 | OVERBOUGHT | The high Stochastics value suggests TER may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for TER suggests some volalility. |
| Average Directional Index/ADX (14) | 36.83 | POSITIVE | The high ADX value value for TER suggests a strong 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 |
|---|---|---|---|
| 118.62 | 114.38 | 4.24 (3.57%) | 25.00% |
| An entry @118.62. This is a Buy Stop order right above the resistance zone. | An exit @114.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.24 points, which is 3.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of TER. 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.
118.24
+0.35 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.3%
1 Week2.55%
2 Weeks8.06%
1 Month13.52%
3 Month50.43%
6 Month7.63%
12 Month-13.52%
2 Year9.61%
3 Year39.7%
5 Year39.16%
10 Year555.43%
15 Year1216.7%
Volatility
ATR(14)3.51
ATR(20)%2.98%
ATR Inc-39.91%
Range Today2.76
ADR(20)3.45
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.99
Mansfield0.28
10 Day High120.19
10 Day Low106.3
20 Day High120.19
20 Day Low103
52 Week High144.16
52 Week Low65.77
CS1 End118.23
CR1 Start118.25
Volume & EV
DER(3)-0.8%
DER(5)-1.01%
Volume4.11M
Volume Incr-29.45%
Vol(5)3.46M
Vol(50)4.14M