USA - NASDAQ:TTMI - US87305R1095 - Common Stock
We assign a technical rating of 10 out of 10 to TTMI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TTMI is showing a nice and steady performance.
TTMI has an excellent technical rating, but the quality of the setup is only medium 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.
54.60
We found 4 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The short term trend for TTMI is up. |
| ChartMill Relative Strength | 97.46 | POSITIVE | TTMI has a high relative strength, it outperformed 97.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTMI is above the rising 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) | 60.78 | NEUTRAL | The RSI value for TTMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests TTMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.05 | OVERBOUGHT | The high Stochastics value suggests TTMI may be overbought. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for TTMI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.84 | NEUTRAL | The ADX value for TTMI suggests a possible start of a new trend. |
67.87
-2.02 (-2.89%)
ChartMill assigns a technical rating of 10 / 10 to TTMI.
The current trend direction for TTM TECHNOLOGIES (TTMI) is Bullish.
TTM TECHNOLOGIES (TTMI) has an RSI value of 60.7787. This indicates that the stock is currently neutral.
The buy/sell signal for TTM TECHNOLOGIES (TTMI) is buy as both the short term and long term trends are positive.
TTM TECHNOLOGIES (TTMI) has a support level at 67.15 and a resistance level at 70.06. Check the full technical report for our detailed analysis of TTMI support and resistance levels.