TTM TECHNOLOGIES (TTMI) Stock Technical Analysis
NASDAQ:TTMI - Nasdaq - US87305R1095 - Common Stock - Currency: USD
Taking everything into account, TTMI scores 9 out of 10 in our technical rating. In the last year, TTMI was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TTMI did better than 91% of all other stocks. We also observe that the gains produced by TTMI over the past year are nicely spread over this period.
TTMI is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 85% of 124 stocks in the same industry.
TTMI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TTMI is lagging the market slightly.
In the last month TTMI has a been trading in the 23.57 - 30.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TTMI also presents a decent setup pattern. 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 26.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.36, a Stop Loss order could be placed below this zone.
More info and screens
18.32
26.99
We found 6 important support areas.
- A support zone ranging from 25.32 to 25.36. 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 24.59 to 24.83. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @23.84 from a horizontal line in the daily time frame.
- Support @23.23 from a horizontal line in the daily time frame.
- Support @20.89 from a trend line in the weekly time frame.
- Support @18.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.45 to 26.72. 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
CRS91.83
Mansfield1.77
10 Day High27.08
10 Day Low25.1
20 Day High30.41
20 Day Low23.57
52 Week High30.41
52 Week Low13.43
Performance
1 Week-3.06%
2 Weeks-5.09%
1 Month-1.74%
3 Month5.67%
6 Month23.77%
12 Month64.36%
2 Year90.82%
3 Year101.75%
5 Year95.23%
10 Year187.86%
15 Year196.96%
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)48.91
LBB24.22
UBB27.18
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 |
|---|---|---|---|
| 26.73 | 25.31 | 1.42 (5.31%) | 18.82% |
| An entry @26.73. This is a Buy Stop order right above the resistance zone. | An exit @25.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.42 points, which is 5.31%. | When investing 18.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TTMI. Please evaluate whether better entry and exit points can be found.
- 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.
25.36
-0.66 (-2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.54%
1 Week-3.06%
2 Weeks-5.09%
1 Month-1.74%
3 Month5.67%
6 Month23.77%
12 Month64.36%
2 Year90.82%
3 Year101.75%
5 Year95.23%
10 Year187.86%
15 Year196.96%
Volatility
ATR(14)1.29
ATR(20)%4.82%
ATR Inc-10.68%
Range Today1.24
ADR(20)1.07
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.83
Mansfield1.77
10 Day High27.08
10 Day Low25.1
20 Day High30.41
20 Day Low23.57
52 Week High30.41
52 Week Low13.43
CS1 End25.36
CR1 Start26.45
Volume & EV
DER(3)0.08%
DER(5)-0.81%
Volume726.50K
Volume Incr-23.21%
Vol(5)693.98K
Vol(50)726.05K