Titan International Technical Analysis (NYSE:TWI)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. Just by looking at the Titan International 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 TWI stock chart which creates a trading signal.
See Titan International bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Titan International stock analysis.
Titan International Moving Average:
Moving averages show the average price of TWI stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A rise in trend over the long term indicates a long term uptrend. Similarly a falling TWI moving average implies that Titan International stock price is falling.
Titan International Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Titan International stock price relative to previous trades. The stock price is trading between the average and the upper band in the context of Titan International bollinger bands.
Titan International 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 Titan International MACD line is above the signal line.
Titan International Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of TWI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position. .