Taking everything into account, TTMI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TTMI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TTMI has an excellent technical rating, it does not present a decent entry opportunity 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.
54.80
When analyzing the support we can see 3 important areas.
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 | UP | POSITIVE | The long term trend for TTMI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTMI is up. |
| ChartMill Relative Strength | 97.75 | POSITIVE | TTMI has a high relative strength, it outperformed 97.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.31 | NEUTRAL | The RSI value for TTMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests TTMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.3 | OVERBOUGHT | The high Stochastics value suggests TTMI may be overbought. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for TTMI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for TTMI suggests a weak or negative trend. |
73.43
-6.81 (-8.49%)
ChartMill assigns a technical rating of 10 / 10 to TTMI.
The current trend direction for TTM TECHNOLOGIES (TTMI) is Bullish.
TTM TECHNOLOGIES (TTMI) has an RSI value of 56.3067. This indicates that the stock is currently neutral.
The buy/sell signal for TTM TECHNOLOGIES (TTMI) is buy as both the short term and long term trends are positive.
TTM TECHNOLOGIES (TTMI) has a support level at 73.42. Check the full technical report for our detailed analysis of TTMI support and resistance levels.