TTM TECHNOLOGIES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	TTMI
ISIN:

TTM TECHNOLOGIES INC. - Daily - Technical analysis published on 02/10/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Slightly bullish

Technical indicators

17%

44%

39%

My opinion

Bearish under 14.82 USD

My targets

12.87 USD (-7.68%)

11.68 USD (-16.21%)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for TTM TECHNOLOGIES INC. as long as the price remains well below 14.82 USD. The next bearish objective for sellers is set at 12.87 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.68 USD. In case of crossing, the next objective would be the support located at 10.73 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 12.87 USD. With this support, against the trend traders who want to buy TTM TECHNOLOGIES INC. on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

FORCE

1.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The TTM TECHNOLOGIES INC. rating is 13.94 USD. The price registered a decrease of -6.51% on the session and was traded between 13.86 USD and 14.84 USD over the period. The price is currently at +0.58% from its lowest and -6.06% from its highest.

13.86

14.84

13.94

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of TTM TECHNOLOGIES INC. indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bearish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Long black line

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2	R3
ProTrendLines	10.73	11.68	12.87	13.94	13.94	14.82	15.42
Change (%)	-23.03%	-16.21%	-7.68%	0%	-	+6.31%	+10.62%
Change	-3.21	-2.26	-1.07	0	-	+0.88	+1.48
Level	Major	Major	Intermediate	Major	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.82	13.78	14.34	15.30	15.86	16.82	17.38
Camarilla	14.49	14.63	14.77	14.91	15.05	15.19	15.33
Woodie	12.63	13.68	14.15	15.20	15.67	16.72	17.19
Fibonacci	13.78	14.36	14.72	15.30	15.88	16.24	16.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.01	13.61	14.00	14.61	15.00	15.60	15.99
Camarilla	14.12	14.21	14.30	14.39	14.48	14.57	14.66
Woodie	12.90	13.56	13.89	14.55	14.89	15.55	15.88
Fibonacci	13.61	13.99	14.23	14.61	14.99	15.22	15.60

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.72	12.97	13.68	14.93	15.64	16.89	17.60
Camarilla	13.85	14.03	14.21	14.39	14.57	14.75	14.93
Woodie	11.45	12.84	13.41	14.80	15.37	16.76	17.33
Fibonacci	12.97	13.72	14.18	14.93	15.68	16.14	16.89

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	37.76
MACD (12,26,9):	-0.0500
Directional Movement:	6.82
AROON (14):	-7.14
DEMA (21):	14.86
Parabolic SAR (0,02-0,02-0,2):	16.25
Elder Ray (13):	-0.44
Super Trend (3,10):	15.76
Zig ZAG (10):	13.94
VORTEX (21):	0.8600
Stochastique (14,3,5):	27.07
TEMA (21):	14.56
Williams %R (14):	-96.65
Chande Momentum Oscillator (20):	-1.28
Repulse (5,40,3):	-15.0400
ROCnROLL:	2
TRIX (15,9):	0.0700
Courbe Coppock:	8.40

MA7:	14.64
MA20:	15.01
MA50:	14.64
MA100:	13.55
MAexp7:	14.65
MAexp20:	14.84
MAexp50:	14.49
MAexp100:	13.69
Price / MA7:	-4.78%
Price / MA20:	-7.13%
Price / MA50:	-4.78%
Price / MA100:	+2.88%
Price / MAexp7:	-4.85%
Price / MAexp20:	-6.06%
Price / MAexp50:	-3.80%
Price / MAexp100:	+1.83%

News

The latest news and videos published on TTM TECHNOLOGIES INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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