TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TWI - US88830M1027 - Common Stock
Taking everything into account, TWI scores 3 out of 10 in our technical rating. TWI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TWI does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 8.39. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TWI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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6.94
4 important support areas can be observed.
- Support @7.64 from a trend line in the weekly time frame.
- A support zone ranging from 7.31 to 7.33. 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.39 to 8.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.66 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TWI is neutral. |
| ChartMill Relative Strength | 72.6 | POSITIVE | TWI has a high relative strength, it outperformed 72.6% off all stocks 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) | DOWN | NEGATIVE | The current price of TWI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests TWI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.61 | NEUTRAL | The Stochastics value for TWI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for TWI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for TWI suggests a weak or negative trend. |
8.1
+0.34 (+4.38%)
TITAN INTERNATIONAL INC / TWI FAQ
What is the ChartMill technical rating of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a technical rating of 3 / 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 51.5533. 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 -0.0620249, 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 7.64 and a resistance level at 8.39. Check the full technical report for our detailed analysis of TWI support and resistance levels.