TTM TECHNOLOGIES (TTMI) Technical Analysis
NASDAQ:TTMI • US87305R1095
Current stock price
88.29 USD
-7.18 (-7.52%)
At close:
87.75 USD
-0.54 (-0.61%)
After Hours:
TTMI Technical Rating and Analysis
Overall TTMI gets a technical rating of 8 out of 10. In the last year, TTMI was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TTMI has a been trading in the 85.88 - 111.18 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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. On top of that, TTMI also shows a nice and consistent pattern of rising prices.
- TTMI is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 97% of 124 stocks in the same industry.
- TTMI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TTMI is performing more or less in line with the market.
- TTMI has an average volume of 2513280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
TTMI Weekly and Daily overview Charts
TTMI Setup Rating and Analysis
Although TTMI has an excellent technical rating, it does not present a decent entry opportunity 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
TTMI Support and Resistance Analysis
76.06
108.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 87.91 to 87.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.52 from a trend line in the weekly time frame.
- Support @79.47 from a trend line in the daily time frame.
- Support @76.83 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 97.00 to 98.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @107.12 from a trend line in the daily time frame.
TTMI Technical Indicator Signal Analysis
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 | 98.95 | POSITIVE | TTMI has a high relative strength, it outperformed 98.95% 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) | DOWN | NEGATIVE | The current price of TTMI is below a declining 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) | 42.23 | NEUTRAL | The RSI value for TTMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests TTMI has a negative trend. |
| Stochastics (14,3) | 26.18 | NEUTRAL | The Stochastics value for TTMI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for TTMI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.64 | NEGATIVE | The low ADX value for TTMI suggests a weak or negative trend. |
TTMI Chart- and CandleStick Pattern Analysis
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)
TTMI Technicals: Chart, Performance Metrics, Trend & Indicators
88.29
-7.18 (-7.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-7.52%
1 Week-12.95%
2 Weeks-8.52%
1 Month-21.87%
3 Month25.04%
6 Month49.19%
12 Month396.57%
2 Year464.15%
3 Year554.49%
5 Year508.9%
10 Year1227.67%
15 Year386.18%
Volatility
ATR(14)7.4
ATR(20)%8.99%
ATR Inc18.28%
Range Today10.64
ADR(20)7.06
ADR(20)%8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.95
3 months CRS93.84
6 months CRS95.84
Mansfield5.45
10 Day High111.18
10 Day Low86.75
20 Day High111.18
20 Day Low85.88
52 Week High113.46
52 Week Low15.77
CS1 End87.91
CR1 Start97
Volume & EV
DER(3)-3.31%
DER(5)-2.56%
Volume1.83M
Volume Incr-14.9%
Vol(5)1.62M
Vol(50)2.51M
TTM TECHNOLOGIES / TTMI TA FAQ
Can you provide the ChartMill technical rating for TTM TECHNOLOGIES?
ChartMill assigns a technical rating of 8 / 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 42.2305. 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 -0.667725, 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.