TITAN PHARMACEUTICALS INC (TTNP) Stock Technical Analysis
USA - NASDAQ:TTNP - US8883147055 - Common Stock
4.61 USD
-0.18 (-3.76%)
5.91 USD
+1.3 (+28.2%)
We assign a technical rating of 2 out of 10 to TTNP. 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.
70% of all other stocks performed better in the past year than TTNP.
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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TTNP is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, TTNP did better than 48% of them.
TTNP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TTNP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
3.51
5.35
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.
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. |
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)
4.61
-0.18 (-3.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.76%
1 Week7.63%
2 Weeks7.71%
1 Month9.76%
3 Month4.77%
6 Month25.93%
12 Month-13.02%
2 Year-42.45%
3 Year-76.95%
5 Year-94.52%
10 Year-99.97%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%5.82%
ATR Inc78.98%
Range Today0.25
ADR(20)0.25
ADR(20)%5.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.08
3 months CRSN/A
6 months CRSN/A
Mansfield0.27
10 Day High4.8
10 Day Low4.03
20 Day High4.8
20 Day Low3.84
52 Week High5.76
52 Week Low3.03
CS1 End4.38
CR1 Start4.65
Volume & EV
DER(3)22.55%
DER(5)12.3%
Volume3.36M
Volume Incr2073.93%
Vol(5)687.94K
Vol(50)125.36K
TITAN PHARMACEUTICALS INC / TTNP FAQ
What is the technical rating for TTNP stock?
ChartMill assigns a technical rating of 2 / 10 to TTNP.
What is the trend direction for TTNP stock?
The current trend direction for TITAN PHARMACEUTICALS INC (TTNP) is Bearish.
What is the RSI signal for TTNP stock?
TITAN PHARMACEUTICALS INC (TTNP) has an RSI value of 56.0877. This indicates that the stock is currently neutral.
What is the short term momentum for TTNP stock?
The short term momentum for TITAN PHARMACEUTICALS INC (TTNP) is neutral.