TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
NYSE:TWI - New York Stock Exchange, Inc. - US88830M1027 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to TWI. TWI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that TWI is one of the better performing stocks in the market, outperforming 81% of all stocks.
TWI is one of the better performing stocks in the Machinery industry, it outperforms 75% of 128 stocks in the same industry.
TWI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TWI is performing more or less in line with the market.
TWI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although TWI has an excellent technical rating, it 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
6.38
9.42
3 important support areas can be observed.
- A support zone ranging from 7.58 to 7.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.66 from a horizontal line in the weekly time frame.
- Support @6.44 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @8.99 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.22 to 9.33. This zone is formed by a combination of multiple trend lines 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 | 81.84 | POSITIVE | TWI has a high relative strength, it outperformed 81.84% 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 | POSITIVE | The current price of TWI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.72 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TWI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.27 | OVERBOUGHT | The high Stochastics value suggests TWI may be overbought. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for TWI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.99 | NEUTRAL | The ADX value for TWI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.84
-0.25 (-2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.75%
1 Week9%
2 Weeks22.1%
1 Month18.82%
3 Month7.54%
6 Month8.2%
12 Month23.29%
2 Year-23%
3 Year-41.46%
5 Year505.48%
10 Year-17.69%
15 Year-11.33%
Volatility
ATR(14)0.4
ATR(20)%3.86%
ATR Inc-13.51%
Range Today0.24
ADR(20)0.3
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.84
Mansfield1.02
10 Day High9.47
10 Day Low7.04
20 Day High9.47
20 Day Low6.83
52 Week High9.6
52 Week Low5.93
CS1 End7.59
CR1 Start8.99
Volume & EV
DER(3)2.57%
DER(5)0.6%
Volume358.70K
Volume Incr33.69%
Vol(5)612.12K
Vol(50)614.94K