TITAN INTERNATIONAL INC (TWI) Stock Technical Analysis
NYSE:TWI - New York Stock Exchange, Inc. - US88830M1027 - Common Stock - Currency: USD
Taking everything into account, TWI scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TWI is a bad performer in the overall market: 79% of all stocks are doing better.
TWI is one of the lesser performing stocks in the Machinery industry. 67% of 128 stocks in the same industry do better.
TWI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TWI is lagging the market.
In the last month TWI has a been trading in the 6.03 - 7.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
6.20
9.24
We found 2 important support areas.
- A support zone ranging from 6.44 to 6.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.26 to 6.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.38 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.77 to 7.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.71 from a trend line in the daily time frame.
- Resistance @9.15 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 | 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 | 21.42 | NEGATIVE | TWI has a low relative strength, it was outperformed by 78.58% 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) | DOWN | NEGATIVE | The current price of TWI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.2 | NEUTRAL | The RSI value for TWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TWI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.47 | NEUTRAL | The Stochastics value for TWI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for TWI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for TWI suggests a weak or negative 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)
7.01
-0.03 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.43%
1 Week-6.53%
2 Weeks-0.14%
1 Month-5.91%
3 Month-20.25%
6 Month-3.97%
12 Month-16.15%
2 Year-29.12%
3 Year-61.5%
5 Year469.92%
10 Year-34.18%
15 Year-33.68%
Volatility
ATR(14)0.31
ATR(20)%5.31%
ATR Inc-47.34%
Range Today0.22
ADR(20)0.3
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.42
Mansfield-1.03
10 Day High7.96
10 Day Low6.83
20 Day High7.96
20 Day Low6.03
52 Week High9.6
52 Week Low5.93
CS1 End6.53
CR1 Start7.38
Volume & EV
DER(3)1.18%
DER(5)1.66%
Volume419.55K
Volume Incr-33.16%
Vol(5)410.63K
Vol(50)721.87K