We assign a technical rating of 2 out of 10 to TTNP. TTNP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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 an average performer in the Pharmaceuticals industry, it outperforms 49% of 190 stocks in the same industry.
- 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
6 important support areas can be observed.
- 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.
We can see 3 important resistance 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. |
4.61
-0.18 (-3.76%)
TITAN PHARMACEUTICALS INC / TTNP 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.