TETRA TECH INC (TTEK) Technical Analysis
NASDAQ:TTEK • US88162G1031
Current stock price
TTEK Technical Rating and Analysis
Taking everything into account, TTEK scores 1 out of 10 in our technical rating. TTEK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, TTEK is a bad performer in the overall market: 77% of all stocks are doing better.
- TTEK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month TTEK has a been trading in the 29.88 - 32.44 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- TTEK has an average volume of 2762050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TTEK is an average performer in the Commercial Services & Supplies industry, it outperforms 59% of 80 stocks in the same industry.
TTEK Weekly and Daily overview Charts
TTEK Setup Rating and Analysis
Although the technical rating is bad, TTEK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 31.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.55, a Stop Loss order could be placed below this zone.
More info and screens
TTEK Support and Resistance Analysis
28.75
3 important support areas can be observed.
- A support zone ranging from 31.27 to 31.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 29.76 to 29.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.04 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 31.88 to 31.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.90 from a trend line in the weekly time frame.
TTEK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for TTEK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTEK is neutral. |
| ChartMill Relative Strength | 23.98 | NEGATIVE | TTEK has a low relative strength, it was outperformed by 76.02% off all stocks 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) | DOWN | NEGATIVE | The current price of TTEK is below a declining 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) | 52.36 | NEUTRAL | The RSI value for TTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests TTEK has a positive trend. |
| Stochastics (14,3) | 67.19 | NEUTRAL | The Stochastics value for TTEK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for TTEK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for TTEK suggests a weak or negative trend. |
TTEK Chart- and CandleStick Pattern Analysis
TTEK Technicals: Chart, Performance Metrics, Trend & Indicators
31.87
+0.49 (+1.56%)
TETRA TECH INC / TTEK TA FAQ
What is the ChartMill technical rating of TETRA TECH INC (TTEK) stock?
ChartMill assigns a technical rating of 1 / 10 to TTEK.
Can you provide the trend direction for TETRA TECH INC?
The current trend direction for TETRA TECH INC (TTEK) is Bearish.
What is the RSI signal for TETRA TECH INC (TTEK) stock?
TETRA TECH INC (TTEK) has an RSI value of 52.3635. This indicates that the stock is currently neutral.
What is the MACD signal for TTEK stock?
The MACD indicator for TETRA TECH INC (TTEK) has a value of 0.173113, indicating a bearish trend.
What is the short term momentum for TTEK stock?
The short term momentum for TETRA TECH INC (TTEK) is neutral.