TITAN MACHINERY INC (TITN) Stock Technical Analysis
NASDAQ:TITN - US88830R1014 - Common Stock
20.33 USD
-0.31 (-1.5%)
20.33 USD
0 (0%)
Taking everything into account, TITN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TITN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TITN is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by TITN over the past year are nicely spread over this period.
TITN 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 TITN is lagging the market slightly.
TITN is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, TITN did better than 69% of them.
In the last month TITN has a been trading in the 18.69 - 21.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, TITN 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 very little resistance above the current price. There is a support zone below the current price at 20.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TITN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.07
21.82
When analyzing the support we can see 5 important areas.
- A support zone ranging from 19.64 to 20.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.24 from a horizontal line in the daily time frame.
- 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 @15.22 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @20.77 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 | UP | POSITIVE | The short term trend for TITN is up. |
| ChartMill Relative Strength | 85.05 | POSITIVE | TITN has a high relative strength, it outperformed 85.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TITN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TITN is above the rising 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) | 53.57 | NEUTRAL | The RSI value for TITN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TITN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54 | NEUTRAL | The Stochastics value for TITN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for TITN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.74 | 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)
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 |
|---|---|---|---|
| 20.78 | 19.63 | 1.15 (5.53%) | 18.07% |
| An entry @20.78. This is a Buy Stop order right above the resistance zone. | An exit @19.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.15 points, which is 5.53%. | When investing 18.07% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TITN. 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.
20.33
-0.31 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.5%
1 Week-1.69%
2 Weeks3.33%
1 Month5.61%
3 Month8.25%
6 Month31.67%
12 Month49.49%
2 Year-23.51%
3 Year-28.06%
5 Year53.67%
10 Year77.09%
15 Year24.72%
Volatility
ATR(14)0.81
ATR(20)%3.73%
ATR Inc3.33%
Range Today0.49
ADR(20)0.72
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.05
Mansfield1.04
10 Day High21.57
10 Day Low18.86
20 Day High21.57
20 Day Low18.69
52 Week High23.41
52 Week Low12.5
CS1 End20.22
CR1 Start20.77
Volume & EV
DER(3)4.48%
DER(5)1%
Volume176.49K
Volume Incr131.35%
Vol(5)279.10K
Vol(50)156.02K