TITAN MACHINERY INC (TITN) Stock Technical Analysis
NASDAQ:TITN - Nasdaq - US88830R1014 - Common Stock - Currency: USD
Overall TITN gets a technical rating of 3 out of 10. In the last year, TITN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
TITN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, TITN outperforms 65% of them, which is more or less in line with the market.
TITN is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, TITN did better than 48% of them.
TITN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TITN is lagging the market.
Considerably lower volume is observed in the last couple of days.
TITN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.86, a Stop Loss order could be placed below this zone.
More info and screens
14.87
21.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.86 to 18.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.51 from a horizontal line in the daily time frame.
- Support @16.77 from a trend line in the weekly time frame.
- Support @15.02 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.16 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.14 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.53 to 21.60. 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 TITN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TITN is down. |
| ChartMill Relative Strength | 65.66 | NEUTRAL | TITN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TITN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TITN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TITN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.96 | NEUTRAL | The RSI value for TITN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TITN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.55 | NEUTRAL | The Stochastics value for TITN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TITN suggests some volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for TITN 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)
18.98
-0.05 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.26%
1 Week0.64%
2 Weeks-5.67%
1 Month-4.77%
3 Month-1.96%
6 Month0.11%
12 Month23.97%
2 Year-38.81%
3 Year-38.34%
5 Year40.59%
10 Year63.2%
15 Year27.38%
Volatility
ATR(14)0.63
ATR(20)%3.39%
ATR Inc-33.15%
Range Today0.46
ADR(20)0.62
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.66
Mansfield0.57
10 Day High20.68
10 Day Low18.31
20 Day High20.68
20 Day Low18.31
52 Week High23.41
52 Week Low12.3
CS1 End18.86
CR1 Start19.16
Volume & EV
DER(3)-2.78%
DER(5)-1.42%
Volume103.00K
Volume Incr-29.64%
Vol(5)108.30K
Vol(50)173.46K