TECHTARGET INC (TTGT) Stock Technical Analysis
NASDAQ:TTGT - Nasdaq - US87874R3084 - Common Stock - Currency: USD
Taking everything into account, TTGT scores 1 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than TTGT.
TTGT is one of the lesser performing stocks in the Media industry. 84% of 98 stocks in the same industry do better.
TTGT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TTGT has a been trading in the 6.49 - 9.00 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.
The technical rating of TTGT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.55
8.21
We found 2 important support areas.
- Support @6.80 from a horizontal line in the weekly time frame.
- A support zone ranging from 6.62 to 6.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.34 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.55 to 7.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.13 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 | DOWN | NEGATIVE | The short term trend for TTGT is down. |
| ChartMill Relative Strength | 3.75 | NEGATIVE | TTGT has a low relative strength, it was outperformed by 96.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TTGT is below the rising 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) | 47.69 | NEUTRAL | The RSI value for TTGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests TTGT has a negative trend. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests TTGT may be oversold. |
| Average True Range in percent/ATR (20) | 7.71 | HIGH VOLATILITY | The high ATR as a percentage value for TTGT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.58 | 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)
7.33
+0.52 (+7.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg7.64%
1 Week-13.46%
2 Weeks-1.28%
1 Month10.56%
3 Month-11.79%
6 Month-57.53%
12 Month-72.67%
2 Year-74.5%
3 Year-88.71%
5 Year-81.53%
10 Year-20.58%
15 Year65.09%
Volatility
ATR(14)0.62
ATR(20)%7.71%
ATR Inc-17.92%
Range Today0.54
ADR(20)0.56
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.75
Mansfield-5.99
10 Day High9
10 Day Low6.76
20 Day High9
20 Day Low6.49
52 Week High33.96
52 Week Low6.49
CS1 End6.8
CR1 Start7.34
Volume & EV
DER(3)0.15%
DER(5)-1.31%
Volume364.60K
Volume Incr-24.17%
Vol(5)437.08K
Vol(50)526.53K