Logo image of TTM

Tata Motors Ltd (TTM) Stock Technical Analysis

NYSE:TTM - New York Stock Exchange, Inc. - US8765685024 - ADR - Currency: USD

25.14  +0.26 (+1.05%)

After market: 24.75 -0.39 (-1.55%)

Technical Rating and Analysis

2

Taking everything into account, TTM scores 2 out of 10 in our technical rating. 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.

When comparing the yearly performance of all stocks, TTM is a bad performer in the overall market: 81% of all stocks are doing better.
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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TTM is an average performer in the Automobiles industry, it outperforms 51% of 38 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Tata Motors Ltd / TTM Weekly stock chart
Tata Motors Ltd / TTM Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Performance
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
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)56.28
LBB22.77
UBB26
Tata Motors Ltd / TTM Daily stock chart

Tata Motors Ltd

NYSE:TTM (1/23/2023, 8:04:00 PM)

After market: 24.75 -0.39 (-1.55%)

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