FCF US QUALITY ETF (TTAC) Technical Analysis
NYSEARCA:TTAC • US89628W3025
Current stock price
TTAC Technical Rating and Analysis
Overall TTAC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TTAC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TTAC did better than 80% of all other stocks. We also observe that the gains produced by TTAC over the past year are nicely spread over this period.
- TTAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TTAC is leading the market.
- In the last month TTAC has a been trading in the 66.84 - 70.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
TTAC Weekly and Daily overview Charts
TTAC Setup Rating and Analysis
Although TTAC has an excellent technical rating, it 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
TTAC Support and Resistance Analysis
53.81
When analyzing the support we can see 5 important areas.
- A support zone ranging from 67.41 to 68.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.70 to 65.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 59.87 to 60.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.05 from a horizontal line in the daily time frame.
- Support @54.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 69.35 to 70.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TTAC Technical Indicator Signal Analysis
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 TTAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTAC is up. |
| ChartMill Relative Strength | 80.73 | POSITIVE | TTAC has a high relative strength, it outperformed 80.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TTAC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.8 | NEUTRAL | The RSI value for TTAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TTAC has a negative trend. |
| Stochastics (14,3) | 45.22 | NEUTRAL | The Stochastics value for TTAC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for TTAC suggests low volalility. |
| Average Directional Index/ADX (14) | 26.4 | POSITIVE | The high ADX value value for TTAC suggests a strong trend. |
TTAC Chart- and CandleStick Pattern Analysis
TTAC Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:TTAC (12/12/2024, 8:04:00 PM)
69.35
-0.41 (-0.59%)
FCF US QUALITY ETF / TTAC TA FAQ
What is the technical rating for TTAC stock?
ChartMill assigns a technical rating of 10 / 10 to TTAC.
What is the trend direction for TTAC stock?
The current trend direction for FCF US QUALITY ETF (TTAC) is Bullish.
What is the RSI signal for TTAC stock?
FCF US QUALITY ETF (TTAC) has an RSI value of 53.7956. This indicates that the stock is currently neutral.
What is the short term momentum for FCF US QUALITY ETF (TTAC) stock?
The short term momentum for FCF US QUALITY ETF (TTAC) is positive.
What is the support and resistance level for TTAC stock?
FCF US QUALITY ETF (TTAC) has a support level at 68.17 and a resistance level at 69.35. Check the full technical report for our detailed analysis of TTAC support and resistance levels.