TITAN MACHINERY INC (TITN) Stock Technical Analysis
USA - NASDAQ:TITN - US88830R1014 - Common Stock
Overall TITN gets a technical rating of 1 out of 10. TITN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TITN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.53, a Stop Loss order could be placed below this zone.
More info and screens
15.13
When analyzing the support we notice one important area.
- A support zone ranging from 15.28 to 15.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @16.74 from a horizontal line in the daily time frame.
- Resistance @19.85 from a trend line in the weekly time frame.
- Resistance @20.20 from a trend line in the daily time frame.
- Resistance @20.89 from a trend line in the weekly time frame.
- Resistance @21.53 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for TITN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TITN is down. |
| ChartMill Relative Strength | 32.28 | NEUTRAL | TITN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TITN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TITN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.37 | NEUTRAL | The RSI value for TITN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TITN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.48 | NEUTRAL | The Stochastics value for TITN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for TITN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.55 | NEGATIVE | The low ADX value for TITN suggests a weak or negative trend. |
16.14
+0.33 (+2.09%)
TITAN MACHINERY INC / TITN FAQ
What is the technical rating for TITN stock?
ChartMill assigns a technical rating of 1 / 10 to TITN.
Can you provide the trend direction for TITAN MACHINERY INC?
The current trend direction for TITAN MACHINERY INC (TITN) is Bearish.
Can you provide the RSI signal for TITAN MACHINERY INC?
TITAN MACHINERY INC (TITN) has an RSI value of 46.3709. This indicates that the stock is currently neutral.
What is the MACD signal for TITN stock?
The MACD indicator for TITAN MACHINERY INC (TITN) has a value of 0.0959573, indicating a bearish trend.
What is the short term momentum for TITAN MACHINERY INC (TITN) stock?
The short term momentum for TITAN MACHINERY INC (TITN) is negative.