TITAN PHARMACEUTICALS INC (TTNP) Technical Analysis
NASDAQ:TTNP • US8883147055
Current stock price
TTNP Technical Rating and Analysis
Overall TTNP gets a technical rating of 2 out of 10. TTNP 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, TTNP is a bad performer in the overall market: 70% of all stocks are doing better.
- In the last month TTNP has a been trading in the 3.84 - 4.80 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- TTNP is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, TTNP did better than 52% of them.
- TTNP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TTNP is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TTNP Weekly and Daily overview Charts
TTNP Setup Rating and Analysis
TTNP has a poor technical rating and the quality of the setup is also 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.
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TTNP Support and Resistance Analysis
3.51
We found 6 important support areas.
- A support zone ranging from 4.29 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.12 from a trend line in the daily time frame.
- Support @4.03 from a horizontal line in the daily time frame.
- Support @3.95 from a horizontal line in the weekly time frame.
- Support @3.71 from a trend line in the daily time frame.
- Support @3.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.65 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.09 to 5.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.30 from a horizontal line in the daily time frame.
TTNP 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 | NEUTRAL | NEUTRAL | The long term trend for TTNP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTNP is neutral. |
| ChartMill Relative Strength | 30.08 | NEUTRAL | TTNP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTNP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TTNP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTNP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.09 | NEUTRAL | The RSI value for TTNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TTNP has a positive trend. |
| Stochastics (14,3) | 74.62 | NEUTRAL | The Stochastics value for TTNP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for TTNP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.11 | NEGATIVE | The low ADX value for TTNP suggests a weak or negative trend. |
TTNP Chart- and CandleStick Pattern Analysis
TTNP Technicals: Chart, Performance Metrics, Trend & Indicators
4.61
-0.18 (-3.76%)
TITAN PHARMACEUTICALS INC / TTNP TA FAQ
What is the technical rating for TTNP stock?
ChartMill assigns a technical rating of 2 / 10 to TTNP.
Can you provide the trend direction for TITAN PHARMACEUTICALS INC?
The current trend direction for TITAN PHARMACEUTICALS INC (TTNP) is Bearish.
Can you provide the RSI signal for TITAN PHARMACEUTICALS INC?
TITAN PHARMACEUTICALS INC (TTNP) has an RSI value of 56.0877. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TITAN PHARMACEUTICALS INC?
The MACD indicator for TITAN PHARMACEUTICALS INC (TTNP) has a value of 0.0514167, indicating a bearish trend.
What is the support and resistance level for TTNP stock?
TITAN PHARMACEUTICALS INC (TTNP) has a support level at 4.38 and a resistance level at 4.65. Check the full technical report for our detailed analysis of TTNP support and resistance levels.