TETRA TECH INC (TTEK) Stock Technical Analysis
NASDAQ:TTEK - Nasdaq - US88162G1031 - Common Stock - Currency: USD
Taking everything into account, TTEK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TTEK is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month TTEK has a been trading in the 34.83 - 37.34 range, which is quite wide. It is currently trading near the high of this range.
TTEK has an average volume of 2172540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TTEK turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
TTEK is an average performer in the Commercial Services & Supplies industry, it outperforms 56% 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 currently trading near new highs, so TTEK is lagging the market.
Besides having an excellent technical rating, TTEK also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.25. Right above this resistance zone may be a good entry point.
More info and screens
28.66
37.62
2 important support areas can be observed.
- A support zone ranging from 34.52 to 35.29. 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.
We found 1 important resistance area.
- A resistance zone ranging from 37.25 to 37.25. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for TTEK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTEK is up. |
| ChartMill Relative Strength | 51.96 | 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) | 69.79 | NEUTRAL | The RSI value for TTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TTEK has a positive trend. |
| Stochastics (14,3) | 84.3 | OVERBOUGHT | The high Stochastics value suggests TTEK may be overbought. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for TTEK suggests low volalility. |
| Average Directional Index/ADX (14) | 26.44 | 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 |
|---|---|---|---|
| 37.26 | 35.52 | 1.74 (4.67%) | 21.41% |
| An entry @37.26. This is a Buy Stop order right above the resistance zone. | An exit @35.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.74 points, which is 4.67%. | For a 1.00% total portfolio risk, you can invest 21.41% of your capital in this trade. |
- 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.
37.24
+0.65 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.78%
1 Week2.31%
2 Weeks4.49%
1 Month2.73%
3 Month23.23%
6 Month-12.54%
12 Month-7.81%
2 Year10.04%
3 Year21.49%
5 Year110.04%
10 Year598.95%
15 Year787.94%
Volatility
ATR(14)0.73
ATR(20)%1.88%
ATR Inc2.6%
Range Today1
ADR(20)0.7
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.96
Mansfield-1.14
10 Day High37.35
10 Day Low35.53
20 Day High37.35
20 Day Low34.83
52 Week High51.2
52 Week Low27.27
CS1 End35.29
CR1 Start37.25
Volume & EV
DER(3)0.03%
DER(5)1.16%
Volume1.47M
Volume Incr-9.13%
Vol(5)1.73M
Vol(50)2.17M