TITAN AMERICA SA (TTAM) Stock Technical Analysis
USA - NYSE:TTAM - BE6360403164 - Common Stock
Taking everything into account, TTAM scores 5 out of 10 in our technical rating. TTAM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, TTAM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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 15.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.06, a Stop Loss order could be placed below this zone.
More info and screens
13.38
We found 2 important support areas.
- A support zone ranging from 14.75 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.52 to 13.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.81 to 16.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.53 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 | UP | POSITIVE | The long term trend for TTAM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTAM is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TTAM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTAM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 46.86 | NEUTRAL | The RSI value for TTAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests TTAM has a negative trend. |
| Stochastics (14,3) | 39.81 | NEUTRAL | The Stochastics value for TTAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for TTAM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for TTAM suggests a weak or negative trend. |
15.07
-0.08 (-0.53%)