TTEC HOLDINGS INC (TTEC) Stock Technical Analysis
NASDAQ:TTEC - Nasdaq - US89854H1023 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to TTEC. Although TTEC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TTEC has a been trading in the 3.72 - 5.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TTEC is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TTEC is part of the IT Services industry. There are 82 other stocks in this industry, TTEC did better than 62% of them.
TTEC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TTEC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although TTEC has an excellent technical rating, the quality of the presented setup is not ideal 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
4.05
5.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.13 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.09 to 4.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.23 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.54 to 5.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.69 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 TTEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTEC is up. |
| ChartMill Relative Strength | 78.31 | POSITIVE | TTEC has a high relative strength, it outperformed 78.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TTEC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.96 | NEUTRAL | The RSI value for TTEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TTEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.09 | NEUTRAL | The Stochastics value for TTEC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for TTEC suggests high volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for TTEC 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)
5.14
-0.1 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.91%
1 Week0%
2 Weeks-3.02%
1 Month21.51%
3 Month33.16%
6 Month2.39%
12 Month-18.54%
2 Year-83.8%
3 Year-92.38%
5 Year-87.87%
10 Year-79.78%
15 Year-60.25%
Volatility
ATR(14)0.34
ATR(20)%6.01%
ATR Inc-33.5%
Range Today0.1
ADR(20)0.29
ADR(20)%5.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.31
Mansfield0.33
10 Day High5.6
10 Day Low4.97
20 Day High5.6
20 Day Low3.72
52 Week High8.45
52 Week Low3.11
CS1 End5.13
CR1 Start5.23
Volume & EV
DER(3)0.44%
DER(5)3.48%
Volume201.57K
Volume Incr-4.57%
Vol(5)323.51K
Vol(50)731.82K