Titan International Technical Analysis (NYSE:TWI)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The TWI stock chart pattern can give those who understand technical analysis an indication of which way TWI stock is headed, but cannot predict with 100% certainty as to what can happen to the Titan International stock price.
See Titan International bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Titan International stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
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 key factor that impacts moving averages is the lag factor. The 20 day moving average of $12.7 is above the price of $11.91.
Titan International Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the TWI stock. Currently the stock price of $11.91 is in the lower range 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 assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Titan International MACD indicator is below 0 indicating a bearish trend.
Titan International Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of TWI stock is 22.61.