Overall TTMI gets a technical rating of 8 out of 10. 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.
Besides having an excellent technical rating, TTMI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
60.96
We found 2 important support areas.
- Support @64.77 from a trend line in the daily time frame.
- A support zone ranging from 61.58 to 62.39. This zone is formed by a combination of multiple trend lines 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 | 97.6 | POSITIVE | TTMI has a high relative strength, it outperformed 97.6% 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) | 51.41 | NEUTRAL | The RSI value for TTMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests TTMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.72 | NEUTRAL | The Stochastics value for TTMI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.86 | HIGH VOLATILITY | The high ATR as a percentage value for TTMI suggests high volalility. |
| Average Directional Index/ADX (14) | 8.98 | NEGATIVE | The low ADX value for TTMI suggests a weak or negative 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 |
|---|---|---|---|
| 74.75 | 65.19 | 9.56 (12.79%) | 7.82% |
| An entry @74.75. This is a Buy Stop order right above the 10 day high. | An exit @65.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.56 points, which is 12.79%. | For a 1.00% total portfolio risk, you can invest 7.82% of your capital in this trade. |
- 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.
70.45
+2.46 (+3.62%)
TTM TECHNOLOGIES / TTMI 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 51.4139. 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 -0.448412, 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.