TRANSACT TECHNOLOGIES INC (TACT)
US8929181035 - Common Stock
Taking everything into account, TACT scores 0 out of 10 in our technical rating. TACT 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than TACT.
TACT is part of the Technology Hardware, Storage & Peripherals industry. There are 31 other stocks in this industry, of which 93% are performing better than TACT.
TACT 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 TACT is lagging the market.
Warning: TACT has an average volume of 20200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TACT has a been trading in the 3.90 - 4.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TACT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.97, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TACT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.85
5.81
We found 1 important support area.
- A support zone ranging from 3.89 to 3.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.12 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.55 from a trend line in the daily time frame.
- Resistance @5.75 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.05
Mansfield-2.27
10 Day High4.2
10 Day Low3.9
20 Day High4.25
20 Day Low3.9
52 Week High7.97
52 Week Low3.32
Performance
1 Week-0.61%
2 Weeks3.54%
1 Month-3.31%
3 Month-9.11%
6 Month12.67%
12 Month-45.47%
2 Year-45.76%
3 Year-54.5%
5 Year-61.6%
10 Year-31.26%
15 Year-43.59%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)49.34
LBB3.93
UBB4.18
TRANSACT TECHNOLOGIES INC
NASDAQ:TACT (1/3/2025, 8:04:50 PM)
4.09
-0.03 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.73%
1 Week-0.61%
2 Weeks3.54%
1 Month-3.31%
3 Month-9.11%
6 Month12.67%
12 Month-45.47%
2 Year-45.76%
3 Year-54.5%
5 Year-61.6%
10 Year-31.26%
15 Year-43.59%
Volatility
ATR(14)0.12
ATR(20)%3.61%
ATR Inc-26.77%
Range Today0.04
ADR(20)0.14
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.05
Mansfield-2.27
10 Day High4.2
10 Day Low3.9
20 Day High4.25
20 Day Low3.9
52 Week High7.97
52 Week Low3.32
CS1 End3.97
CR1 Start4.12
Volume & EV
DER(3)3.64%
DER(5)4.49%
Volume6.10K
Volume Incr-44.39%
Vol(5)9.00K
Vol(50)20.20K