TTM Technologies Technical Analysis (NASDAQ:TTMI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the TTM Technologies stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the TTMI stock chart which creates a trading signal.
See TTM Technologies bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for TTM Technologies stock analysis that does not care for the fair value of a company but uses price and volume data only.
TTM Technologies Moving Average
Moving averages show the average price of TTMI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $18.2 is above the last closing price of $17.98 and the 50 day moving average of $18.34 is above the last closing price of $17.98. The 10 and 20 day periods can predict short term moving average trends.
TTM Technologies Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like TTM Technologies. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. TTM Technologies bollinger bands show that the stock price is $17.98, upper band is 19.48, lower band is 16.92, and the average is 18.2.
TTM Technologies Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The TTM Technologies MACD indicator can be used to identify bullish and bearish trends for the stock.
TTM Technologies Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 56.3 is the RSI value of TTMI stock.