Technical Analysis of TTC

Technical Analysis of TTC 2024-05-31


In the last 5 trading days, TTC stock has shown a consistent downtrend in both price and volume. The moving averages (MA) have been declining, indicating a bearish trend. Momentum indicators like RSI and Stochastic oscillators are in oversold territory, suggesting a potential reversal. Volatility indicators show a narrowing Bollinger Band, indicating decreased price volatility. Volume indicators like OBV and CMF have been negative, reflecting selling pressure.

Trend Analysis:

  • Moving Averages (MA): The 5-day MA has been consistently below the longer-term SMAs and EMAs, indicating a bearish trend.
  • MACD: The MACD line has been below the signal line, with negative values, signaling a bearish momentum.

Momentum Analysis:

  • RSI: The RSI has been in oversold territory, suggesting a potential reversal or a period of consolidation.
  • Stochastic Oscillators: Both %K and %D have been low, indicating oversold conditions and a possible upcoming bullish momentum.

Volatility Analysis:

  • Bollinger Bands (BB): The Bollinger Bands have been narrowing, indicating decreasing price volatility and a potential breakout in the near future.

Volume Analysis:

  • On-Balance Volume (OBV): The OBV has been declining, showing more selling volume than buying volume.
  • Chaikin Money Flow (CMF): The CMF has been negative, indicating distribution and selling pressure.

Key Observations:

  • The stock is currently in a downtrend based on moving averages and MACD.
  • Momentum indicators suggest a potential reversal due to oversold conditions.
  • Volatility is decreasing, indicating a potential breakout in the near future.
  • Volume indicators reflect selling pressure with negative OBV and CMF values.


Based on the technical analysis of the trend, momentum, volatility, and volume indicators, the next few days for TTC stock are likely to see a potential reversal in the downtrend. The oversold conditions in momentum indicators and the narrowing Bollinger Bands suggest a possible upward movement or a period of consolidation. However, it is essential to monitor the price action closely for confirmation of a trend reversal before making any trading decisions.