TETRA TECHNOLOGIES INC (TTI) Stock Technical Analysis
NYSE:TTI - US88162F1057 - Common Stock
4.47 USD
+0.22 (+5.18%)
4.38 USD
-0.09 (-2.01%)
We assign a technical rating of 9 out of 10 to TTI. Both in the recent history as in the last year, TTI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
TTI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 90% of 61 stocks in the same industry.
TTI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TTI is lagging the market slightly.
In the last month TTI has a been trading in the 3.64 - 4.54 range, which is quite wide. It is currently trading near the high of this range.
TTI has an average volume of 1793850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TTI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TTI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.30
5.04
We found 5 important support areas.
- A support zone ranging from 3.91 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.79 from a trend line in the weekly time frame.
- A support zone ranging from 3.68 to 3.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.57 from a trend line in the daily time frame.
- Support @3.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.93 to 4.99. 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 | UP | POSITIVE | The long term trend for TTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTI is up. |
| ChartMill Relative Strength | 92.41 | POSITIVE | TTI has a high relative strength, it outperformed 92.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.5 | OVERBOUGHT | The high RSI value suggests TTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests TTI has a positive trend. |
| Stochastics (14,3) | 88.28 | OVERBOUGHT | The high Stochastics value suggests TTI may be overbought. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for TTI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.91 | POSITIVE | The high ADX value value for TTI suggests a strong 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)
4.47
+0.22 (+5.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg5.18%
1 Week14.03%
2 Weeks14.03%
1 Month20.16%
3 Month63.14%
6 Month6.43%
12 Month38.39%
2 Year-18.58%
3 Year12.31%
5 Year557.35%
10 Year-41.87%
15 Year-46.72%
Volatility
ATR(14)0.18
ATR(20)%4.79%
ATR Inc14.34%
Range Today0.24
ADR(20)0.21
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.41
Mansfield1.78
10 Day High4.48
10 Day Low3.82
20 Day High4.54
20 Day Low3.64
52 Week High5.12
52 Week Low2.03
CS1 End3.91
CR1 Start4.93
Volume & EV
DER(3)4.74%
DER(5)4.73%
Volume1.80M
Volume Incr-22.16%
Vol(5)1.47M
Vol(50)1.79M