TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TWI - US88830M1027 - Common Stock
We assign a technical rating of 7 out of 10 to TWI. In the past year, TWI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
TWI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.57. Right above this resistance zone may be a good entry point. 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
We found 5 important support areas.
- Support @8.52 from a trend line in the daily time frame.
- A support zone ranging from 7.85 to 8.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.61 to 7.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.31 to 7.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.01 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.57 to 8.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.85 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 | 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 | 81.82 | POSITIVE | TWI has a high relative strength, it outperformed 81.82% 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) | DOWN | MIXED | The current price of TWI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TWI has a positive trend. |
| Stochastics (14,3) | 79.7 | NEUTRAL | The Stochastics value for TWI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for TWI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for TWI suggests a weak or negative 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 |
|---|---|---|---|
| 8.67 | 8.51 | 0.16 (1.85%) | 25.00% |
| An entry @8.67. This is a Buy Stop order right above the resistance zone. | An exit @8.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 1.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- 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.
8.56
-0.02 (-0.23%)
TITAN INTERNATIONAL INC / TWI FAQ
What is the ChartMill technical rating of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a technical rating of 7 / 10 to TWI.
What is the trend direction for 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 59.0462. 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 0.0591939, indicating a bearish trend.
What is the support and resistance level for TWI stock?
TITAN INTERNATIONAL INC (TWI) has a support level at 8.52 and a resistance level at 8.57. Check the full technical report for our detailed analysis of TWI support and resistance levels.