TITAN MACHINERY INC (TITN)

US88830R1014 - Common Stock

23.83  +0.55 (+2.36%)

After market: 23.83 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, TITN scores 1 out of 10 in our technical rating. TITN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
86% of all other stocks performed better in the past year than TITN.
TITN is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry, of which 80% are performing better than TITN.
TITN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TITN has a been trading in the 21.81 - 24.28 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.
Weekly and Daily overview Charts
TITN Weekly chart
TITN Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, TITN does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

22.47

27.98

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 23.55 to 23.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 22.70 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 23.85 to 24.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 25.24 to 25.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.32 from a trend line in the weekly time frame.
  • Resistance @26.87 from a horizontal line in the daily time frame.
  • Resistance @27.70 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.49
Mansfield-2.22
10 Day High24.28
10 Day Low22.95
20 Day High24.28
20 Day Low21.81
52 Week High35.88
52 Week Low21.44
Performance
1 Week-0.04%
2 Weeks4.43%
1 Month2.54%
3 Month-10.82%
6 Month-9.05%
12 Month-31.13%
2 Year-9.77%
3 Year-22.33%
5 Year42.52%
10 Year36.09%
15 Year89.73%
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)55.12
LBB21.93
UBB24.47
TITN Daily chart

TITAN MACHINERY INC

NASDAQ:TITN (5/17/2024, 7:00:01 PM)

After market: 23.83 0 (0%)

23.83

+0.55 (+2.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.36%
1 Week-0.04%
2 Weeks4.43%
1 Month2.54%
3 Month-10.82%
6 Month-9.05%
12 Month-31.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%2.4%
ATR Inc
Range Today0.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.28
10 Day Low22.95
20 Day High24.28
20 Day Low21.81
52 Week High35.88
52 Week Low21.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume381.60K
Volume Incr152.82%
Vol(5)344.14K
Vol(50)194.02K