Overall TITN gets a technical rating of 6 out of 10. TITN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- TITN is one of the lesser performing stocks in the Trading Companies & Distributors industry. 67% of 50 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TITN has a been trading in the 15.35 - 18.08 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, TITN turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TITN has an average technical rating and also the quality of the setup is only medium 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
14.79
We found 3 important support areas.
- A support zone ranging from 16.10 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.53 from a horizontal line in the daily time frame.
- A support zone ranging from 14.94 to 15.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.36 to 18.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.49 from a horizontal line in the daily time frame.
- Resistance @20.44 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 | NEUTRAL | NEUTRAL | The long term trend for TITN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TITN is up. |
| ChartMill Relative Strength | 52.11 | 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) | UP | POSITIVE | The current price of TITN is above the rising 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) | 64.48 | NEUTRAL | The RSI value for TITN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TITN has a positive trend. |
| Stochastics (14,3) | 85.49 | OVERBOUGHT | The high Stochastics value suggests TITN may be overbought. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for TITN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.47 | NEGATIVE | The low ADX value for TITN suggests a weak or negative trend. |
17.93
+0.69 (+4%)
TITAN MACHINERY INC / TITN FAQ
What is the technical rating for TITN stock?
ChartMill assigns a technical rating of 6 / 10 to TITN.
What is the trend direction for TITN stock?
The current trend direction for TITAN MACHINERY INC (TITN) is Bearish.
What is the RSI signal for TITAN MACHINERY INC (TITN) stock?
TITAN MACHINERY INC (TITN) has an RSI value of 64.4755. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TITAN MACHINERY INC?
TITAN MACHINERY INC (TITN) has a support level at 16.73 and a resistance level at 18.36. Check the full technical report for our detailed analysis of TITN support and resistance levels.