TYLER TECHNOLOGIES INC (TYL) Stock Technical Analysis
NYSE:TYL - New York Stock Exchange, Inc. - US9022521051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TYL. TYL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TYL is a bad performer in the overall market: 67% of all stocks are doing better.
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 550.00 - 595.21 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TYL is an average performer in the Software industry, it outperforms 43% of 282 stocks in the same industry.
The technical rating of TYL 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
516.45
642.05
We found 2 important support areas.
- Support @549.81 from a trend line in the weekly time frame.
- A support zone ranging from 521.67 to 524.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 571.91 to 592.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @635.69 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 | NEUTRAL | NEUTRAL | The long term trend for TYL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TYL is down. |
| ChartMill Relative Strength | 33.63 | NEUTRAL | TYL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TYL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TYL is below the rising 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) | 35.94 | NEUTRAL | The RSI value for TYL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.64 | NEGATIVE | The MACD value suggests TYL has a negative trend. |
| Stochastics (14,3) | 14.89 | OVERSOLD | The low Stochastics value suggests TYL may be oversold. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for TYL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.67 | NEGATIVE | The low ADX value for TYL 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)
551.8
-8.1 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.45%
1 Week-6.48%
2 Weeks-4.4%
1 Month-5.52%
3 Month-2.94%
6 Month-1.41%
12 Month5.49%
2 Year39.12%
3 Year38.3%
5 Year54.46%
10 Year295.44%
15 Year3258.49%
Volatility
ATR(14)12.54
ATR(20)%2.18%
ATR Inc48.73%
Range Today14.86
ADR(20)11.33
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.63
Mansfield-1.24
10 Day High595.21
10 Day Low550
20 Day High595.21
20 Day Low550
52 Week High661.31
52 Week Low513.52
CS1 End549.81
CR1 Start571.91
Volume & EV
DER(3)-0.39%
DER(5)-0.37%
Volume243.70K
Volume Incr10.9%
Vol(5)310.42K
Vol(50)274.96K