TETRA TECHNOLOGIES INC (TTI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
Overall TTI gets a technical rating of 10 out of 10. 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.
TTI has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 7.54, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
3.22
We found 4 important support areas.
- A support zone ranging from 7.36 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.99 to 7.04. 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.
- Support @3.25 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 | 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 | 96.35 | POSITIVE | TTI has a high relative strength, it outperformed 96.35% 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) | 57.74 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 48.73 | NEUTRAL | The Stochastics value for TTI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for TTI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for TTI suggests a strong trend. |
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 |
|---|---|---|---|
| 8.07 | 7.35 | 0.72 (8.92%) | 11.21% |
| An entry @8.07. This is a Buy Stop order right above the 10 day high. | An exit @7.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.72 points, which is 8.92%. | For a 1.00% total portfolio risk, you can invest 11.21% of your capital in this trade. |
- 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.
7.82
+0.32 (+4.27%)
TETRA TECHNOLOGIES INC / TTI FAQ
Can you provide the ChartMill technical rating for TETRA TECHNOLOGIES INC?
ChartMill assigns a technical rating of 10 / 10 to TTI.
What is the trend direction for TTI stock?
The current trend direction for TETRA TECHNOLOGIES INC (TTI) is Bullish.
What is the RSI signal for TETRA TECHNOLOGIES INC (TTI) stock?
TETRA TECHNOLOGIES INC (TTI) has an RSI value of 57.7397. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TETRA TECHNOLOGIES INC?
The MACD indicator for TETRA TECHNOLOGIES INC (TTI) has a value of -0.053688, indicating a bearish trend.
What are the support and resistance levels for TETRA TECHNOLOGIES INC (TTI) stock?
TETRA TECHNOLOGIES INC (TTI) has a support level at 7.54. Check the full technical report for our detailed analysis of TTI support and resistance levels.