TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TWI - US88830M1027 - Common Stock
Taking everything into account, TWI scores 6 out of 10 in our technical rating. TWI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, TWI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.94
4 important support areas can be observed.
- Support @7.61 from a trend line in the weekly time frame.
- A support zone ranging from 7.30 to 7.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.18 from a horizontal line in the daily time frame.
- Support @7.01 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.32 to 8.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.57 to 8.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.85 from a horizontal line in the daily time frame.
- Resistance @9.34 from a trend line in the weekly time frame.
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 TWI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWI is up. |
| ChartMill Relative Strength | 71.58 | POSITIVE | TWI has a high relative strength, it outperformed 71.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TWI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.96 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TWI has a negative trend. |
| Stochastics (14,3) | 35.8 | NEUTRAL | The Stochastics value for TWI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for TWI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for TWI 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 |
|---|---|---|---|
| 8.40 | 8.12 | 0.29 (3.39%) | 25.00% |
| An entry @8.40. This is a Buy Stop order right above the resistance zone. | An exit @8.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.29 points, which is 3.39%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TWI. Please evaluate whether better entry and exit points can be found.
- 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.
8.17
-0.08 (-0.97%)
TITAN INTERNATIONAL INC / TWI FAQ
What is the ChartMill technical rating of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a technical rating of 6 / 10 to TWI.
What is the current trend direction of TITAN INTERNATIONAL INC (TWI) stock?
The current trend direction for TITAN INTERNATIONAL INC (TWI) is Bearish.
Can you provide the RSI signal for TITAN INTERNATIONAL INC?
TITAN INTERNATIONAL INC (TWI) has an RSI value of 51.9591. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TITAN INTERNATIONAL INC?
The MACD indicator for TITAN INTERNATIONAL INC (TWI) has a value of -0.00440918, indicating a bearish trend.
Can you provide the support and resistance levels for TITAN INTERNATIONAL INC?
TITAN INTERNATIONAL INC (TWI) has a support level at 7.61 and a resistance level at 8.32. Check the full technical report for our detailed analysis of TWI support and resistance levels.