TYL Technical Analysis - TYLER TECHNOLOGIES INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to TYL. TYL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

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

83% of all other stocks performed better in the past year than TYL.

TYL is part of the Software industry. There are 285 other stocks in this industry, of which 61% are performing better than TYL.

TYL 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 TYL has a been trading in the 483.56 - 538.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

TYLER TECHNOLOGIES INC / TYL Weekly stock chart

TYLER TECHNOLOGIES INC / TYL Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, TYL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 509.74, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

480.86

631.39

We found 2 important support areas.

A support zone ranging from 502.73 to 510.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @485.72 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 564.72 to 573.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @596.48 from a trend line in the daily time frame.
Resistance @625.14 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 TYL is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TYL is down.
ChartMill Relative Strength	17.94	NEGATIVE	TYL has a low relative strength, it was outperformed by 82.06% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of TYL is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TYL is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of TYL is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.01	NEUTRAL	The RSI value for TYL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.9	POSITIVE	The MACD value suggests TYL has a positive trend.
Stochastics (14,3)	47.5	NEUTRAL	The Stochastics value for TYL is a neutral value.
Average True Range in percent/ATR (20)	2.44	MEDIUM VOLATILITY	The ATR as a percentage value for TYL suggests some volalility.
Average Directional Index/ADX (14)	38.4	POSITIVE	The high ADX value value for TYL suggests a strong trend.