TTM TECHNOLOGIES (TTMI) Stock Technical Analysis
NASDAQ:TTMI • US87305R1095
We assign a technical rating of 9 out of 10 to TTMI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that TTMI is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by TTMI over the past year are nicely spread over this period.
- TTMI is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 95% of 123 stocks in the same industry.
- TTMI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TTMI is lagging the market slightly.
- TTMI has an average volume of 2685120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TTMI has a been trading in the 81.80 - 111.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TTMI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 91.79, a Stop Loss order could be placed below this zone.
More info and screens
70.97
We found 3 important support areas.
- A support zone ranging from 91.79 to 91.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.29 from a trend line in the daily time frame.
- Support @71.69 from a trend 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 TTMI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTMI is neutral. |
| ChartMill Relative Strength | 98.46 | POSITIVE | TTMI has a high relative strength, it outperformed 98.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.33 | NEUTRAL | The RSI value for TTMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.79 | NEGATIVE | The MACD value suggests TTMI has a negative trend. |
| Stochastics (14,3) | 34.97 | NEUTRAL | The Stochastics value for TTMI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for TTMI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.74 | POSITIVE | The high ADX value value for TTMI 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 |
|---|---|---|---|
| 96.56 | 91.78 | 4.78 (4.95%) | 20.20% |
| An entry @96.56. This is a Buy Stop order right above the 10 day moving average. | An exit @91.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.78 points, which is 4.95%. | When investing 20.20% 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 TTMI. 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.
91.8
-0.53 (-0.57%)
TTM TECHNOLOGIES / TTMI FAQ
Can you provide the ChartMill technical rating for TTM TECHNOLOGIES?
ChartMill assigns a technical rating of 9 / 10 to TTMI.
Can you provide the trend direction for TTM TECHNOLOGIES?
The current trend direction for TTM TECHNOLOGIES (TTMI) is Bullish.
What is the RSI signal for TTM TECHNOLOGIES (TTMI) stock?
TTM TECHNOLOGIES (TTMI) has an RSI value of 50.3327. This indicates that the stock is currently neutral.
What is the MACD signal for TTM TECHNOLOGIES (TTMI) stock?
The MACD indicator for TTM TECHNOLOGIES (TTMI) has a value of -1.79368, indicating a bearish trend.
What is the short term momentum for TTM TECHNOLOGIES (TTMI) stock?
The short term momentum for TTM TECHNOLOGIES (TTMI) is neutral.