TWI Technical Analysis - TITAN INTERNATIONAL INC

Technical Rating and Analysis

Overall TWI gets a technical rating of 0 out of 10. TWI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, TWI is a bad performer in the overall market: 75% of all stocks are doing better.

TWI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month TWI has a been trading in the 7.30 - 9.03 range, which is quite wide. It is currently trading near the lows of this range.

TWI is an average performer in the Machinery industry, it outperforms 45% of 129 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TITAN INTERNATIONAL INC / TWI Weekly stock chart

TITAN INTERNATIONAL INC / TWI Daily stock chart

Setup Rating and Analysis

The technical rating of TWI is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.46

9.96

2 important support areas can be observed.

Support @7.31 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 3 important areas.

Resistance @8.09 from a trend line in the daily time frame.
A resistance zone ranging from 8.22 to 8.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @9.86 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for TWI is down.
ChartMill Relative Strength	25.37	NEGATIVE	TWI has a low relative strength, it was outperformed by 74.63% 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)	DOWN	NEGATIVE	The current price of TWI is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of TWI is below the rising SMA(200).
Relative Strength Index/RSI (14)	37.19	NEUTRAL	The RSI value for TWI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests TWI has a negative trend.
Stochastics (14,3)	9.92	OVERSOLD	The low Stochastics value suggests TWI may be oversold.
Average True Range in percent/ATR (20)	4.51	MEDIUM VOLATILITY	The ATR as a percentage value for TWI suggests some volalility.
Average Directional Index/ADX (14)	14.69	NEGATIVE	The low ADX value for TWI suggests a weak or negative trend.