TETRA TECHNOLOGIES INC (TTI) Stock Technical Analysis
NYSE:TTI - New York Stock Exchange, Inc. - US88162F1057 - Common Stock - Currency: USD
Taking everything into account, TTI scores 0 out of 10 in our technical rating. TTI 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.
When comparing the yearly performance of all stocks, TTI is a bad performer in the overall market: 87% of all stocks are doing better.
TTI is currently trading in the lower part 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.
In the last month TTI has a been trading in the 2.60 - 3.30 range, which is quite wide. It is currently trading near the lows of this range.
TTI has an average volume of 1462680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TTI is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, TTI did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of TTI 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
2.66
4.98
When analyzing the support we notice one important area.
- A support zone ranging from 2.69 to 2.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- Resistance @2.76 from a trend line in the daily time frame.
- A resistance zone ranging from 2.81 to 2.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.98 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @3.06 from a horizontal line in the daily time frame.
- Resistance @4.51 from a trend line in the weekly time frame.
- Resistance @4.93 from a horizontal line in the weekly 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 TTI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTI is down. |
| ChartMill Relative Strength | 13.11 | NEGATIVE | TTI has a low relative strength, it was outperformed by 86.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTI is below a declining 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) | DOWN | NEGATIVE | The current price of TTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.25 | NEUTRAL | The RSI value for TTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.92 | OVERSOLD | The low Stochastics value suggests TTI may be oversold. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for TTI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.63 | NEGATIVE | The low ADX value for TTI 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)
2.74
+0.04 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.48%
1 Week0.37%
2 Weeks-8.97%
1 Month-3.86%
3 Month-27.7%
6 Month-28.83%
12 Month-26.15%
2 Year5.38%
3 Year-45.42%
5 Year730.3%
10 Year-56.44%
15 Year-72.76%
Volatility
ATR(14)0.12
ATR(20)%5.16%
ATR Inc-26.67%
Range Today0.07
ADR(20)0.13
ADR(20)%4.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.11
Mansfield-2.19
10 Day High3.03
10 Day Low2.63
20 Day High3.3
20 Day Low2.6
52 Week High5.12
52 Week Low2.03
CS1 End2.73
CR1 Start2.76
Volume & EV
DER(3)-4.16%
DER(5)-1.11%
Volume1.16M
Volume Incr-42.26%
Vol(5)914.24K
Vol(50)1.46M