TILE SHOP HLDGS INC (TTSH) Stock Technical Analysis
NASDAQ:TTSH - Nasdaq - US88677Q1094 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TTSH. TTSH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month TTSH has a been trading in the 6.16 - 7.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, TTSH outperforms 55% of them, which is more or less in line with the market.
TTSH is part of the Specialty Retail industry. There are 122 other stocks in this industry, TTSH did better than 59% of them.
TTSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TTSH is lagging the market.
TTSH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.72, a Stop Loss order could be placed below this zone. 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
5.49
7.78
We found 4 important support areas.
- A support zone ranging from 6.36 to 6.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.93 from a horizontal line in the daily time frame.
- Support @5.82 from a horizontal line in the daily time frame.
- Support @5.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.89 to 6.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.44 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.63 to 7.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TTSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTSH is up. |
| ChartMill Relative Strength | 55.94 | NEUTRAL | TTSH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.9 | NEUTRAL | The RSI value for TTSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TTSH has a negative trend. |
| Stochastics (14,3) | 60.07 | NEUTRAL | The Stochastics value for TTSH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for TTSH suggests high volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for TTSH suggests a strong 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)
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 |
|---|---|---|---|
| 6.91 | 6.35 | 0.56 (8.10%) | 12.34% |
| An entry @6.91. This is a Buy Stop order right above the resistance zone. | An exit @6.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.56 points, which is 8.10%. | When investing 12.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
6.8
+0.1 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.49%
1 Week4.13%
2 Weeks1.8%
1 Month7.94%
3 Month18.26%
6 Month-4.9%
12 Month-3%
2 Year6.92%
3 Year104.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%5.23%
ATR Inc-36.29%
Range Today0.21
ADR(20)0.35
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.94
Mansfield-0.42
10 Day High7.14
10 Day Low6.28
20 Day High7.14
20 Day Low6.16
52 Week High7.75
52 Week Low4.62
CS1 End6.72
CR1 Start6.89
Volume & EV
DER(3)1.74%
DER(5)-0.68%
Volume82.30K
Volume Incr-8.96%
Vol(5)62.30K
Vol(50)65.21K