TAKE-TWO INTERACTIVE SOFTWRE (TTWO) Stock Technical Analysis
NASDAQ:TTWO - Nasdaq - US8740541094 - Common Stock - Currency: USD
Taking everything into account, TTWO scores 5 out of 10 in our technical rating. TTWO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month TTWO has a been trading in the 222.50 - 243.19 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TTWO did better than 85% of all other stocks. On top of that, TTWO also shows a nice and consistent pattern of rising prices.
TTWO is one of the better performing stocks in the Entertainment industry, it outperforms 71% of 72 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 2103220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TTWO has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
155.57
245.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 222.39 to 223.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @212.63 from a trend line in the daily time frame.
- Support @157.14 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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 | DOWN | NEGATIVE | The short term trend for TTWO is down. |
| ChartMill Relative Strength | 85.45 | POSITIVE | TTWO has a high relative strength, it outperformed 85.45% 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) | UP | POSITIVE | The current price of TTWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.02 | NEUTRAL | The RSI value for TTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.51 | NEGATIVE | The MACD value suggests TTWO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.88 | OVERSOLD | The low Stochastics value suggests TTWO may be oversold. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for TTWO suggests low volalility. |
| Average Directional Index/ADX (14) | 24.7 | 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)
223.81
-0.17 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.08%
1 Week-2.15%
2 Weeks-6.25%
1 Month-6.78%
3 Month1.96%
6 Month20.65%
12 Month55.77%
2 Year46.34%
3 Year68.62%
5 Year36.45%
10 Year608.71%
15 Year2083.51%
Volatility
ATR(14)4.52
ATR(20)%1.98%
ATR Inc-18.56%
Range Today2.87
ADR(20)4.43
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.45
Mansfield0.54
10 Day High238.96
10 Day Low222.5
20 Day High243.19
20 Day Low222.5
52 Week High245.08
52 Week Low135.24
CS1 End223.8
CR1 Start241.45
Volume & EV
DER(3)1.59%
DER(5)0.97%
Volume1.51M
Volume Incr-14.55%
Vol(5)1.66M
Vol(50)2.10M