TAKE-TWO INTERACTIVE SOFTWRE (TTWO) Technical Analysis
NASDAQ:TTWO • US8740541094
Current stock price
TTWO Technical Rating and Analysis
Taking everything into account, TTWO scores 0 out of 10 in our technical rating. TTWO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than TTWO.
- TTWO is part of the Entertainment industry. There are 79 other stocks in this industry, of which 60% are performing better than TTWO.
- TTWO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TTWO is lagging the market.
- TTWO has an average volume of 2508910 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 187.63 - 216.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TTWO Weekly and Daily overview Charts
TTWO Setup Rating and Analysis
Although the technical rating is bad, TTWO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 207.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 190.36, a Stop Loss order could be placed below this zone.
More info and screens
TTWO Support and Resistance Analysis
187.78
We found 1 important support area.
- A support zone ranging from 189.68 to 190.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 207.84 to 211.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @217.06 from a horizontal line in the daily time frame.
- Resistance @248.20 from a trend line in the weekly time frame.
- A resistance zone ranging from 259.96 to 259.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
TTWO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for TTWO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTWO is down. |
| ChartMill Relative Strength | 18.14 | NEGATIVE | TTWO has a low relative strength, it was outperformed by 81.86% off all stocks 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) | DOWN | NEGATIVE | The current price of TTWO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.53 | NEUTRAL | The RSI value for TTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests TTWO has a positive trend. |
| Stochastics (14,3) | 41.87 | NEUTRAL | The Stochastics value for TTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for TTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for TTWO suggests a possible start of a new trend. |
TTWO Chart- and CandleStick Pattern Analysis
TTWO Technicals: Chart, Performance Metrics, Trend & Indicators
196.69
-3.18 (-1.59%)
TAKE-TWO INTERACTIVE SOFTWRE / TTWO TA FAQ
What is the ChartMill technical rating of TAKE-TWO INTERACTIVE SOFTWRE (TTWO) stock?
ChartMill assigns a technical rating of 0 / 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 TTWO stock?
TAKE-TWO INTERACTIVE SOFTWRE (TTWO) has an RSI value of 42.5275. This indicates that the stock is currently neutral.
What is the short term momentum for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) stock?
The short term momentum for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) is negative.
Can you provide the support and resistance levels for TAKE-TWO INTERACTIVE SOFTWRE?
TAKE-TWO INTERACTIVE SOFTWRE (TTWO) has a support level at 190.36 and a resistance level at 207.84. Check the full technical report for our detailed analysis of TTWO support and resistance levels.