Tech Data Cp (TECD) Stock Technical Analysis
NASDAQ:TECD - Nasdaq -
Overall TECD gets a technical rating of 9 out of 10. Both in the recent history as in the last year, TECD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
TECD is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month TECD has a been trading in the 134.78 - 145.40 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TECD is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Volume is considerably higher in the last couple of days.
TECD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 144.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 144.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
104.31
146.36
4 important support areas can be observed.
- A support zone ranging from 138.79 to 144.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.23 from a horizontal line in the weekly time frame.
- A support zone ranging from 127.63 to 127.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 144.91 to 144.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.28
Mansfield1.24
10 Day High145.4
10 Day Low142.42
20 Day High145.4
20 Day Low134.78
52 Week High151.47
52 Week Low80.2
Performance
1 Week1.53%
2 Weeks1.33%
1 Month5.69%
3 Month9.13%
6 Month0.87%
12 Month39.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.35
RSI(14)65.1
LBB136.12
UBB148.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 144.92 | 142.41 | 2.51 (1.74%) | 25.00% |
| An entry @144.92. This is a Buy Stop order right above the resistance zone. | An exit @142.41. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.51 points, which is 1.74%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
144.9
+0.29 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week1.53%
2 Weeks1.33%
1 Month5.69%
3 Month9.13%
6 Month0.87%
12 Month39.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%1.11%
ATR Inc-44.32%
Range Today0.68
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.28
Mansfield1.24
10 Day High145.4
10 Day Low142.42
20 Day High145.4
20 Day Low134.78
52 Week High151.47
52 Week Low80.2
CS1 End144.11
CR1 Start144.91
Volume & EV
DER(3)-1.71%
DER(5)-3.61%
Volume3.11M
Volume Incr176.9%
Vol(5)1.98M
Vol(50)747.90K