NYSE:TTE - New York Stock Exchange, Inc. - US89151E1091 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to TTE. TTE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
TTE 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.
53.12
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 TTE is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTE is up. |
ChartMill Relative Strength | 37.11 | NEUTRAL | TTE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TTE is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TTE is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 71.17 | OVERBOUGHT | The high RSI value suggests TTE may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests TTE has a positive trend. |
Stochastics (14,3) | 94.71 | OVERBOUGHT | The high Stochastics value suggests TTE may be overbought. |
Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for TTE suggests low volalility. |
Average Directional Index/ADX (14) | 17.93 | NEGATIVE | The low ADX value for TTE suggests a weak or negative trend. |
62.57
-0.91 (-1.43%)