TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TWI - US88830M1027 - Common Stock
We assign a technical rating of 0 out of 10 to TWI. TWI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TWI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.58, a Stop Loss order could be placed below this zone.
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6.46
3 important support areas can be observed.
- A support zone ranging from 7.49 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.18 from a horizontal line in the daily time frame.
- Support @6.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 7.94 to 7.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.57 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 | DOWN | NEGATIVE | The long term trend for TWI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TWI is neutral. |
| ChartMill Relative Strength | 34.09 | 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) | DOWN | NEGATIVE | The current price of TWI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TWI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.14 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TWI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.98 | OVERSOLD | The low Stochastics value suggests TWI may be oversold. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for TWI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.53 | NEGATIVE | The low ADX value for TWI suggests a weak or negative trend. |
7.66
+0.43 (+5.95%)
TITAN INTERNATIONAL INC / TWI FAQ
What is the ChartMill technical rating of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a technical rating of 0 / 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 50.1403. 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 -0.0292168, 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 7.58 and a resistance level at 7.94. Check the full technical report for our detailed analysis of TWI support and resistance levels.