Tata Motors Ltd (TTM) Stock Technical Analysis
NYSE:TTM - New York Stock Exchange, Inc. - US8765685024 - ADR - Currency: USD
Overall TTM gets a technical rating of 2 out of 10. TTM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than TTM.
TTM 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 TTM is lagging the market.
In the last month TTM has a been trading in the 22.06 - 25.93 range, which is quite wide. It is currently trading near the high of this range.
TTM has an average volume of 1274880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
TTM is part of the Automobiles industry. There are 38 other stocks in this industry, TTM did better than 48% of them.
Volume is considerably higher in the last couple of days.
The technical rating of TTM 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
22.13
30.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.83 to 25.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.97 to 24.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.35 to 22.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 25.15 to 25.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.39 from a trend line in the daily time frame.
- A resistance zone ranging from 27.14 to 27.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.55 from a horizontal line in the daily time frame.
- Resistance @30.15 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 | NEUTRAL | NEUTRAL | The long term trend for TTM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTM is neutral. |
| ChartMill Relative Strength | 19.23 | NEGATIVE | TTM has a low relative strength, it was outperformed by 80.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TTM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.28 | NEUTRAL | The RSI value for TTM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests TTM has a positive trend. |
| Stochastics (14,3) | 68.09 | NEUTRAL | The Stochastics value for TTM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for TTM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for TTM 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)
25.14
+0.26 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.05%
1 Week0.92%
2 Weeks7.76%
1 Month4.66%
3 Month-0.48%
6 Month-11.85%
12 Month-23.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%2.78%
ATR Inc117.76%
Range Today1.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.23
Mansfield-0.64
10 Day High25.93
10 Day Low23.34
20 Day High25.93
20 Day Low22.06
52 Week High34.5
52 Week Low22.06
CS1 End25
CR1 Start25.15
Volume & EV
DER(3)-0.47%
DER(5)1.05%
Volume3.65M
Volume Incr275.34%
Vol(5)4.18M
Vol(50)1.27M