TETRA TECH INC (TTEK) Stock Technical Analysis
NASDAQ:TTEK - Nasdaq - US88162G1031 - Common Stock - Currency: USD
Taking everything into account, TTEK scores 6 out of 10 in our technical rating. In the past year, TTEK was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TTEK has a been trading in the 30.19 - 36.37 range, which is quite wide. It is currently trading near the high of this range.
TTEK has an average volume of 2282060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TTEK outperforms 57% of them, which is more or less in line with the market.
TTEK is an average performer in the Commercial Services & Supplies industry, it outperforms 52% of 83 stocks in the same industry.
TTEK 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 TTEK is lagging the market slightly.
TTEK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.93, a Stop Loss order could be placed below this zone.
More info and screens
27.98
36.57
4 important support areas can be observed.
- A support zone ranging from 34.38 to 34.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.86 to 33.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.95 from a horizontal line in the weekly time frame.
- Support @28.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.44 to 36.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TTEK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTEK is up. |
| ChartMill Relative Strength | 57.18 | NEUTRAL | TTEK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTEK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTEK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.03 | NEUTRAL | The RSI value for TTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TTEK has a negative trend. |
| Stochastics (14,3) | 47.24 | NEUTRAL | The Stochastics value for TTEK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for TTEK suggests some volalility. |
| Average Directional Index/ADX (14) | 33.65 | POSITIVE | The high ADX value value for TTEK 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.45 | 34.45 | 1.00 (2.83%) | 25.00% |
| An entry @35.45. This is a Buy Stop order right above the 10 day moving average. | An exit @34.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.00 points, which is 2.83%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TTEK. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
34.94
-0.16 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.46%
1 Week-1.44%
2 Weeks-0.68%
1 Month11.95%
3 Month19.7%
6 Month-15.83%
12 Month-16.61%
2 Year27.08%
3 Year29.44%
5 Year121.42%
10 Year567.81%
15 Year670.62%
Volatility
ATR(14)0.76
ATR(20)%2.75%
ATR Inc-41.44%
Range Today0.64
ADR(20)0.85
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.18
Mansfield-1.46
10 Day High36.37
10 Day Low34.46
20 Day High36.37
20 Day Low30.19
52 Week High51.2
52 Week Low27.27
CS1 End34.93
CR1 Start35.44
Volume & EV
DER(3)-5.08%
DER(5)-2.08%
Volume2.68M
Volume Incr-12.62%
Vol(5)2.18M
Vol(50)2.28M