TETRA TECHNOLOGIES INC (TTI) Technical Analysis
NYSE:TTI • US88162F1057
Current stock price
TTI Technical Rating and Analysis
Overall TTI gets a technical rating of 7 out of 10. TTI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that TTI is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, TTI also shows a nice and consistent pattern of rising prices.
- TTI is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. TTI outperforms 90% of them.
- In the last month TTI has a been trading in the 7.52 - 8.92 range, which is quite wide. It is currently trading near the high of this range.
- TTI has an average volume of 1742150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TTI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TTI is lagging the market slightly.
TTI Weekly and Daily overview Charts
TTI Setup Rating and Analysis
TTI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.74. Right above this resistance zone may be a good entry point.
More info and screens
TTI Support and Resistance Analysis
3.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.33 to 8.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.95 to 8.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.67 to 7.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.74 to 8.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
TTI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for TTI is neutral. |
| ChartMill Relative Strength | 97.23 | POSITIVE | TTI has a high relative strength, it outperformed 97.23% 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) | DOWN | NEGATIVE | The current price of TTI is below a declining 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) | 45.47 | NEUTRAL | The RSI value for TTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TTI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.39 | NEUTRAL | The Stochastics value for TTI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for TTI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.87 | POSITIVE | The high ADX value value for TTI suggests a strong trend. |
TTI Chart- and CandleStick Pattern Analysis
TTI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.75 | 8.32 | 0.43 (4.91%) | 20.35% |
| An entry @8.75. This is a Buy Stop order right above the resistance zone. | An exit @8.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 4.91%. | When investing 20.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TTI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TTI Technicals: Chart, Performance Metrics, Trend & Indicators
8.45
-0.28 (-3.21%)
TETRA TECHNOLOGIES INC / TTI TA FAQ
Can you provide the ChartMill technical rating for TETRA TECHNOLOGIES INC?
ChartMill assigns a technical rating of 7 / 10 to TTI.
Can you provide the trend direction for TETRA TECHNOLOGIES INC?
The current trend direction for TETRA TECHNOLOGIES INC (TTI) is Bullish.
Can you provide the RSI signal for TETRA TECHNOLOGIES INC?
TETRA TECHNOLOGIES INC (TTI) has an RSI value of 45.4696. This indicates that the stock is currently neutral.
What is the short term momentum for TETRA TECHNOLOGIES INC (TTI) stock?
The short term momentum for TETRA TECHNOLOGIES INC (TTI) is neutral.
What are the support and resistance levels for TETRA TECHNOLOGIES INC (TTI) stock?
TETRA TECHNOLOGIES INC (TTI) has a support level at 8.36 and a resistance level at 8.74. Check the full technical report for our detailed analysis of TTI support and resistance levels.