Overall TTWO gets a technical rating of 6 out of 10. In the last year, TTWO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, TTWO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 243.30, a Stop Loss order could be placed below this zone.
More info and screens
215.19
We found 3 important support areas.
- A support zone ranging from 236.23 to 243.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 227.87 to 229.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 217.36 to 219.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TTWO is neutral. |
| ChartMill Relative Strength | 83.48 | POSITIVE | TTWO has a high relative strength, it outperformed 83.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TTWO is above 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) | 52.64 | NEUTRAL | The RSI value for TTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1 | POSITIVE | The MACD value suggests TTWO has a positive trend. |
| Stochastics (14,3) | 78.77 | NEUTRAL | The Stochastics value for TTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for TTWO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for TTWO suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 246.50 | 236.22 | 10.28 (4.17%) | 23.98% |
| An entry @246.50. This is a Buy Stop order right above the 10 day high. | An exit @236.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.28 points, which is 4.17%. | For a 1.00% total portfolio risk, you can invest 23.98% of your capital in this trade. |
- 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.
246.07
+2.44 (+1%)
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 6 / 10 to TTWO.
What is the current trend direction of TAKE-TWO INTERACTIVE SOFTWRE (TTWO) stock?
The current trend direction for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) is Bearish.
Can you provide the RSI signal for TAKE-TWO INTERACTIVE SOFTWRE?
TAKE-TWO INTERACTIVE SOFTWRE (TTWO) has an RSI value of 52.6373. This indicates that the stock is currently neutral.
What is the MACD signal for TTWO stock?
The MACD indicator for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) has a value of 1.00126, indicating a bullish trend.
What is the short term momentum for TTWO stock?
The short term momentum for TAKE-TWO INTERACTIVE SOFTWRE (TTWO) is neutral.