We assign a technical rating of 1 out of 10 to TTWO. TTWO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month TTWO has a been trading in the 239.00 - 260.04 range, which is quite wide. It is currently trading near the lows of this range.
- TTWO is part of the Entertainment industry. There are 80 other stocks in this industry. TTWO outperforms 70% of them.
- TTWO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TTWO is lagging the market slightly.
- TTWO has an average volume of 1564880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, TTWO turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
TTWO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 235.20, a Stop Loss order could be placed below this zone.
More info and screens
225.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 233.58 to 235.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @227.87 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 245.84 to 250.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 259.96 to 262.30. 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 | NEUTRAL | NEUTRAL | The long term trend for TTWO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTWO is down. |
| ChartMill Relative Strength | 67.68 | NEUTRAL | TTWO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTWO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TTWO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.98 | NEUTRAL | The RSI value for TTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.64 | NEGATIVE | The MACD value suggests TTWO has a negative trend. |
| Stochastics (14,3) | 14.06 | OVERSOLD | The low Stochastics value suggests TTWO may be oversold. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for TTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for TTWO suggests a weak or negative trend. |
240.14
-4.2 (-1.72%)
TAKE-TWO INTERACTIVE SOFTWRE / TTWO FAQ
What is the ChartMill technical rating of TAKE-TWO INTERACTIVE SOFTWRE (TTWO) stock?
ChartMill assigns a technical rating of 1 / 10 to TTWO.
What is the trend direction for TTWO stock?
The current trend direction for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) is Bearish.
What is the RSI signal for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) stock?
TAKE-TWO INTERACTIVE SOFTWRE (TTWO) has an RSI value of 36.9759. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TAKE-TWO INTERACTIVE SOFTWRE?
The MACD indicator for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) has a value of -1.64492, indicating a bearish trend.