TECHTARGET INC (TTGT) Stock Technical Analysis
NASDAQ:TTGT - Nasdaq - US87874R3084 - Common Stock - Currency: USD
Overall TTGT gets a technical rating of 0 out of 10. TTGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than TTGT.
TTGT is part of the Media industry. There are 98 other stocks in this industry, of which 85% are performing better than TTGT.
TTGT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TTGT is lagging the market.
In the last month TTGT has a been trading in the 6.80 - 9.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, TTGT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
6.89
11.02
When analyzing the support we notice one important area.
- Support @6.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @10.91 from a trend 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 | DOWN | NEGATIVE | The long term trend for TTGT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTGT is neutral. |
| ChartMill Relative Strength | 1.92 | NEGATIVE | TTGT has a low relative strength, it was outperformed by 98.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTGT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TTGT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.81 | NEUTRAL | The RSI value for TTGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TTGT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.19 | NEUTRAL | The Stochastics value for TTGT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.8 | HIGH VOLATILITY | The high ATR as a percentage value for TTGT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.58 | NEGATIVE | The low ADX value for TTGT suggests a weak or negative 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)
7.17
+0.2 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.87%
1 Week-11.37%
2 Weeks-4.02%
1 Month-13.3%
3 Month-50.59%
6 Month-71.93%
12 Month-76.47%
2 Year-76.97%
3 Year-89.09%
5 Year-76.12%
10 Year-19.71%
15 Year33.27%
Volatility
ATR(14)0.81
ATR(20)%10.8%
ATR Inc49.5%
Range Today0.65
ADR(20)0.76
ADR(20)%10.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.92
Mansfield-6.75
10 Day High8.8
10 Day Low6.8
20 Day High9.47
20 Day Low6.8
52 Week High35.1
52 Week Low6.8
CS1 End6.96
CR1 Start10.91
Volume & EV
DER(3)-2.05%
DER(5)0.12%
Volume363.10K
Volume Incr171.15%
Vol(5)663.08K
Vol(50)374.08K