TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
NYSE:TWI - New York Stock Exchange, Inc. - US88830M1027 - Common Stock - Currency: USD
Overall TWI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TWI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
TWI is one of the better performing stocks in the Machinery industry, it outperforms 88% of 128 stocks in the same industry.
TWI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TWI has a been trading in the 7.48 - 10.86 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that TWI is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering 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
10.97
4 important support areas can be observed.
- A support zone ranging from 8.03 to 8.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.58 from a horizontal line 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.
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 | UP | POSITIVE | The short term trend for TWI is up. |
| ChartMill Relative Strength | 93.41 | POSITIVE | TWI has a high relative strength, it outperformed 93.41% 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) | 78.06 | OVERBOUGHT | The high RSI value suggests TWI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests TWI has a positive trend. |
| Stochastics (14,3) | 89.1 | OVERBOUGHT | The high Stochastics value suggests TWI may be overbought. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for TWI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.87 | POSITIVE | The high ADX value value for TWI suggests a strong 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)
10.86
+0.39 (+3.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.72%
1 Week17.79%
2 Weeks20.27%
1 Month42.89%
3 Month66.06%
6 Month54.7%
12 Month56.26%
2 Year-13.05%
3 Year-35.2%
5 Year628.86%
10 Year16.27%
15 Year-1.09%
Volatility
ATR(14)0.48
ATR(20)%4.57%
ATR Inc29.12%
Range Today0.54
ADR(20)0.45
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.41
Mansfield2.83
10 Day High10.86
10 Day Low8.58
20 Day High10.86
20 Day Low7.48
52 Week High10.86
52 Week Low5.93
CS1 End8.95
CR1 StartN/A
Volume & EV
DER(3)6.26%
DER(5)2.96%
Volume696.90K
Volume Incr100.95%
Vol(5)1.07M
Vol(50)604.39K