We assign a technical rating of 1 out of 10 to TTEK. TTEK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TTEK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 32.97, a Stop Loss order could be placed below this zone.
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28.75
We found 3 important support areas.
- A support zone ranging from 32.50 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.84 to 31.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @29.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 34.24 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.44 from a horizontal line in the daily time frame.
- Resistance @36.20 from a horizontal line in the daily time frame.
- Resistance @36.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.31 to 38.34. 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 | DOWN | NEGATIVE | The long term trend for TTEK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTEK is down. |
| ChartMill Relative Strength | 27.04 | NEGATIVE | TTEK has a low relative strength, it was outperformed by 72.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTEK is below a declining 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) | UP | MIXED | The current price of TTEK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.54 | NEUTRAL | The RSI value for TTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TTEK has a negative trend. |
| Stochastics (14,3) | 42.82 | NEUTRAL | The Stochastics value for TTEK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for TTEK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for TTEK suggests a weak or negative trend. |
34.11
+0.08 (+0.24%)
TETRA TECH INC / TTEK FAQ
What is the ChartMill technical rating of TETRA TECH INC (TTEK) stock?
ChartMill assigns a technical rating of 1 / 10 to TTEK.
What is the current trend direction of TETRA TECH INC (TTEK) stock?
The current trend direction for TETRA TECH INC (TTEK) is Bearish.
What is the RSI signal for TTEK stock?
TETRA TECH INC (TTEK) has an RSI value of 48.5387. This indicates that the stock is currently neutral.
What is the short term momentum for TTEK stock?
The short term momentum for TETRA TECH INC (TTEK) is negative.
What is the buy/sell signal for TETRA TECH INC (TTEK) stock?
The buy/sell signal for TETRA TECH INC (TTEK) is sell as both the short term and long term trends are negative.