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 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.
- When comparing the yearly performance of all stocks, TTGT is a bad performer in the overall market: 90% of all stocks are doing 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.
- TTGT is part of the Media industry. There are 91 other stocks in this industry, TTGT did better than 44% of them.
- In the last month TTGT has a been trading in the 4.94 - 5.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TTGT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.19, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.71
2 important support areas can be observed.
- A support zone ranging from 5.14 to 5.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 4.76 to 4.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.30 to 5.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.57 from a horizontal line in the weekly time frame.
- Resistance @5.83 from a horizontal 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 | 10.63 | NEGATIVE | TTGT has a low relative strength, it was outperformed by 89.37% 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) | UP | MIXED | The current price of TTGT is below the rising 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) | 46.27 | NEUTRAL | The RSI value for TTGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TTGT has a negative trend. |
| Stochastics (14,3) | 32.45 | NEUTRAL | The Stochastics value for TTGT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for TTGT suggests high volalility. |
| Average Directional Index/ADX (14) | 9.19 | NEGATIVE | The low ADX value for TTGT suggests a weak or negative trend. |
5.24
-0.02 (-0.38%)
TECHTARGET INC / TTGT FAQ
What is the technical rating for TTGT stock?
ChartMill assigns a technical rating of 1 / 10 to TTGT.
Can you provide the trend direction for TECHTARGET INC?
The current trend direction for TECHTARGET INC (TTGT) is Bearish.
Can you provide the RSI signal for TECHTARGET INC?
TECHTARGET INC (TTGT) has an RSI value of 46.2715. This indicates that the stock is currently neutral.
What is the short term momentum for TTGT stock?
The short term momentum for TECHTARGET INC (TTGT) is neutral.
What is the support and resistance level for TTGT stock?
TECHTARGET INC (TTGT) has a support level at 5.19 and a resistance level at 5.3. Check the full technical report for our detailed analysis of TTGT support and resistance levels.