TAKE-TWO INTERACTIVE SOFTWRE (TTWO) Stock Technical Analysis
NASDAQ:TTWO - US8740541094 - Common Stock
229.03 USD
+1.16 (+0.51%)
229.03 USD
0 (0%)
We assign a technical rating of 8 out of 10 to TTWO. In the last year, TTWO was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TTWO did better than 82% of all other stocks. We also observe that the gains produced by TTWO over the past year are nicely spread over this period.
TTWO is one of the better performing stocks in the Entertainment industry, it outperforms 71% of 74 stocks in the same industry.
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 1936460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TTWO has a been trading in the 216.34 - 239.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, TTWO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 221.20, a Stop Loss order could be placed below this zone.
More info and screens
156.30
245.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 216.85 to 221.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @157.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @237.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 241.45 to 243.06. 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 TTWO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTWO is neutral. |
| ChartMill Relative Strength | 82.31 | POSITIVE | TTWO has a high relative strength, it outperformed 82.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTWO is above the rising 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) | 49.35 | NEUTRAL | The RSI value for TTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests TTWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.45 | NEUTRAL | The Stochastics value for TTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for TTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for TTWO suggests a possible start of a new 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 |
|---|---|---|---|
| 237.51 | 218.39 | 19.12 (8.05%) | 12.42% |
| An entry @237.51. This is a Buy Stop order right above the resistance zone. | An exit @218.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 19.12 points, which is 8.05%. | When investing 12.42% 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.
229.03
+1.16 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.51%
1 Week-1.36%
2 Weeks5.36%
1 Month1.9%
3 Month1.8%
6 Month8.21%
12 Month43.69%
2 Year61.06%
3 Year86.87%
5 Year33.79%
10 Year686.23%
15 Year2659.4%
Volatility
ATR(14)6.35
ATR(20)%2.48%
ATR Inc-55.9%
Range Today3.32
ADR(20)5.49
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.31
Mansfield0.46
10 Day High238.39
10 Day Low218.4
20 Day High239.14
20 Day Low216.34
52 Week High245.08
52 Week Low146.76
CS1 End221.2
CR1 Start237.5
Volume & EV
DER(3)1.92%
DER(5)1.1%
Volume1.09M
Volume Incr-37.29%
Vol(5)1.23M
Vol(50)1.94M