Logo image of TTM

Tata Motors Ltd (TTM) Stock Technical Analysis

NYSE:TTM - New York Stock Exchange, Inc. - US8765685024 - ADR - Currency: USD

25.14  +0.26 (+1.05%)

After market: 24.75 -0.39 (-1.55%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to TTM. TTM'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.

When comparing the yearly performance of all stocks, TTM is a bad performer in the overall market: 81% of all stocks are doing better.
TTM 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 TTM has a been trading in the 22.06 - 25.93 range, which is quite wide. It is currently trading near the high of this range.
TTM has an average volume of 1274880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
TTM is part of the Automobiles industry. There are 40 other stocks in this industry, TTM did better than 64% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Tata Motors Ltd / TTM Weekly stock chart
Tata Motors Ltd / TTM Daily stock chart
Setup Rating and Analysis

3

The technical rating of TTM 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.

Support and Resistance Analysis

22.13

30.45

We found 3 important support areas.

  • A support zone ranging from 24.83 to 25.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 23.97 to 24.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 22.35 to 22.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 25.15 to 25.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.39 from a trend line in the daily time frame.
  • A resistance zone ranging from 27.14 to 27.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @28.55 from a horizontal line in the daily time frame.
  • Resistance @30.15 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.23
Mansfield-0.64
10 Day High25.93
10 Day Low23.34
20 Day High25.93
20 Day Low22.06
52 Week High34.5
52 Week Low22.06
Performance
1 Week0.92%
2 Weeks7.76%
1 Month4.66%
3 Month-0.48%
6 Month-11.85%
12 Month-23.28%
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)0.17
RSI(14)56.28
LBB22.77
UBB26
Tata Motors Ltd / TTM Daily stock chart

Tata Motors Ltd

NYSE:TTM (1/23/2023, 8:04:00 PM)

After market: 24.75 -0.39 (-1.55%)

25.14

+0.26 (+1.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.05%
1 Week0.92%
2 Weeks7.76%
1 Month4.66%
3 Month-0.48%
6 Month-11.85%
12 Month-23.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%2.78%
ATR Inc117.76%
Range Today1.17
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
CRS19.23
Mansfield-0.64
10 Day High25.93
10 Day Low23.34
20 Day High25.93
20 Day Low22.06
52 Week High34.5
52 Week Low22.06
CS1 End25
CR1 Start25.15
Volume & EV
DER(3)-0.47%
DER(5)1.05%
Volume3.65M
Volume Incr275.34%
Vol(5)4.18M
Vol(50)1.27M