TITAN MACHINERY INC (TITN) Stock Technical Analysis
NASDAQ:TITN - Nasdaq - US88830R1014 - Common Stock - Currency: USD
Overall TITN gets a technical rating of 6 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that TITN is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
TITN is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, TITN did better than 65% 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.
In the last month TITN has a been trading in the 18.32 - 21.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TITN has an average technical rating and it also does not offer a high quality setup 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
13.37
21.82
We found 4 important support areas.
- A support zone ranging from 18.51 to 18.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @16.44 from a trend line in the weekly time frame.
- Support @14.80 from a trend line in the daily time frame.
- Support @13.51 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TITN is neutral. |
| ChartMill Relative Strength | 75.95 | POSITIVE | TITN has a high relative strength, it outperformed 75.95% off all stocks 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) | UP | MIXED | The current price of TITN is below 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) | 46.1 | NEUTRAL | The RSI value for TITN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TITN has a negative trend. |
| Stochastics (14,3) | 44.13 | NEUTRAL | The Stochastics value for TITN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for TITN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for TITN 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)
19.55
-0.38 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.91%
1 Week-7.87%
2 Weeks-0.91%
1 Month-1.16%
3 Month19.65%
6 Month28.53%
12 Month17.84%
2 Year-38.75%
3 Year-30.5%
5 Year79.94%
10 Year39.15%
15 Year37%
Volatility
ATR(14)0.7
ATR(20)%3.66%
ATR Inc-5.54%
Range Today0.64
ADR(20)0.69
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
CRS75.95
Mansfield1.1
10 Day High21.75
10 Day Low19.4
20 Day High21.75
20 Day Low18.32
52 Week High23.41
52 Week Low12.3
CS1 End18.51
CR1 Start21.53
Volume & EV
DER(3)-3.01%
DER(5)-3.85%
Volume132.51K
Volume Incr-22.39%
Vol(5)149.46K
Vol(50)213.43K