TITAN INTERNATIONAL INC (TWI) Technical Analysis
NYSE:TWI • US88830M1027
Overall TWI gets a technical rating of 5 out of 10. In the last year, TWI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month TWI has a been trading in the 8.99 - 11.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When compared to the yearly performance of all other stocks, TWI outperforms 64% of them, which is more or less in line with the market.
- TWI is an average performer in the Machinery industry, it outperforms 48% of 130 stocks in the same industry.
- TWI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TWI is lagging the market.
TWI has an average technical rating and it also does not offer a high quality setup 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
6.94
We found 4 important support areas.
- A support zone ranging from 9.37 to 9.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.16 from a horizontal line in the daily time frame.
- Support @7.93 from a trend line in the weekly time frame.
- Support @7.01 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for TWI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TWI is down. |
| ChartMill Relative Strength | 64.43 | NEUTRAL | TWI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWI is below a declining 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 | POSITIVE | The current price of TWI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.04 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests TWI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.16 | OVERSOLD | The low Stochastics value suggests TWI may be oversold. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for TWI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.09 | POSITIVE | The high ADX value value for TWI suggests a strong trend. |
TWI Technicals: Chart, Performance Metrics, Trend & Indicators
9.46
+0.29 (+3.16%)
TITAN INTERNATIONAL INC / TWI FAQ
What is the ChartMill technical rating of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a technical rating of 5 / 10 to TWI.
What is the trend direction for TWI stock?
The current trend direction for TITAN INTERNATIONAL INC (TWI) is Bullish.
Can you provide the RSI signal for TITAN INTERNATIONAL INC?
TITAN INTERNATIONAL INC (TWI) has an RSI value of 42.0367. This indicates that the stock is currently neutral.
What is the MACD signal for TITAN INTERNATIONAL INC (TWI) stock?
The MACD indicator for TITAN INTERNATIONAL INC (TWI) has a value of -0.249757, indicating a bearish trend.
What is the support and resistance level for TWI stock?
TITAN INTERNATIONAL INC (TWI) has a support level at 9.46. Check the full technical report for our detailed analysis of TWI support and resistance levels.