TETRA TECHNOLOGIES INC (TTI) Stock Technical Analysis
USA - NYSE:TTI - US88162F1057 - Common Stock
5.59 USD
-0.12 (-2.1%)
5.5615 USD
-0.03 (-0.51%)
Taking everything into account, TTI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TTI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TTI is one of the better performing stocks in the market, outperforming 93% of all stocks.
TTI is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. TTI outperforms 93% of them.
TTI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TTI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TTI has an average volume of 1593290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, TTI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TTI in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
4.40
5.96
We found 2 important support areas.
- A support zone ranging from 5.53 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.44 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.90 to 5.90. 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 | 93.17 | POSITIVE | TTI has a high relative strength, it outperformed 93.17% 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) | 58.09 | NEUTRAL | The RSI value for TTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TTI has a negative trend. |
| Stochastics (14,3) | 46.32 | NEUTRAL | The Stochastics value for TTI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for TTI suggests some volalility. |
| Average Directional Index/ADX (14) | 47.22 | 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)
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 |
|---|---|---|---|
| 5.91 | 5.52 | 0.39 (6.60%) | 15.15% |
| An entry @5.91. This is a Buy Stop order right above the resistance zone. | An exit @5.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.39 points, which is 6.60%. | When investing 15.15% 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.
5.59
-0.12 (-2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-2.1%
1 Week0.9%
2 Weeks-5.09%
1 Month18.18%
3 Month56.15%
6 Month143.04%
12 Month62.03%
2 Year17.93%
3 Year13.16%
5 Year906.3%
10 Year-17.06%
15 Year-42.73%
Volatility
ATR(14)0.27
ATR(20)%4.68%
ATR Inc-37.43%
Range Today0.18
ADR(20)0.25
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.17
Mansfield3.77
10 Day High5.98
10 Day Low5.38
20 Day High6.04
20 Day Low4.72
52 Week High6.04
52 Week Low2.03
CS1 End5.53
CR1 Start5.9
Volume & EV
DER(3)3.25%
DER(5)3.93%
Volume2.32M
Volume Incr47.45%
Vol(5)2.24M
Vol(50)1.59M