RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TTMI
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Green day on Wednesday for TTM Technologies
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 3.74% PDF

The TTM Technologies stock price gained 3.67% on the last trading day (Wednesday, 27th Mar 2024), rising from $14.98 to $15.53. During the last trading day the stock fluctuated 3.22% from a day low at $15.07 to a day high of $15.55. The price has been going up and down for this period, and there has been a 7.1% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 80 thousand more shares were traded than the day before. In total, 480 thousand shares were bought and sold for approximately $7.46 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect TTM Technologies stock with a 90% probability to be traded between $13.76 and $16.14 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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TTMI Signals & Forecast

Mostly positive signals in the chart today. The TTM Technologies stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $14.81 and $15.01. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 11.33%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Monday, March 18, 2024 and based on theory for this formation the price should go up by 4.70% to $16.26 within 32 trading days since signal was issued (Thursday, March 28, 2024).

Support, Risk & Stop-loss for TTM Technologies stock

On the downside, the stock finds support just below today's level from accumulated volume at $14.46 and $14.16. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, TTM Technologies finds support just below today's level at $14.46. If this is broken, then the next support from accumulated volume will be at $14.16 and $14.08.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.485 between high and low, or 3.22%. For the last week, the stock has had daily average volatility of 4.04%.

Our recommended stop-loss: $14.93 (-3.86%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (TTMI) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect TTM Technologies to open at $15.38, and during the day (based on 14 day Average True Range), to move between $15.08 and $15.98, which gives a possible trading interval of +/-$0.450 (+/-2.90%) up or down from last closing price. If TTM Technologies takes out the full calculated possible swing range there will be an estimated 5.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $15.74 (1.35%) than the support at $14.46 (6.89%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is TTM Technologies stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for TTM Technologies stock to perform well in the short-term period.

Current score: 2.416 Buy Candidate Unchanged

Predicted Opening Price for TTM Technologies of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$15.38 ( 0.96%) $15.53

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TTMI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.87 2.17 %
R2 15.68 0.97 %
R1 15.57 0.238 %
Current price: 15.53
Support S1 15.20 -2.15 %
S2 15.08 -2.89 %
S3 14.90 -4.08 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 16.30 4.96 %
R2 16.12 3.80 %
R1 15.74 1.35 %
Current price 15.53
Support S1 14.46 -6.89%
S2 14.16 -8.82%
S3 14.08 -9.34%

FAQ

What is the symbol for TTM Technologies Stock and on which exchange is it traded?
The symbol for TTM Technologies is TTMI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell TTM Technologies Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for TTM Technologies stock to perform well in the short-term period.

How to buy TTM Technologies Stock?
TTM Technologies Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy TTM Technologies Stock.

What's the current price of TTM Technologies Stock?
As of the end of day on the 2024-03-27, the price of an TTM Technologies (TTMI) share was $15.53.

What is the 52-week high and low for TTM Technologies Stock?
The 52-week high for TTM Technologies Stock is $16.54 and the 52-week low is $11.13.

What is the market capitalization of TTM Technologies Stock?
As of the 2024-03-27, the market capitalization of TTM Technologies is 1.583B.

When is the next earnings date for TTM Technologies?
The upcoming earnings date for TTM Technologies is May 01, 2024.
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About TTM Technologies

TTM Technologies TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide. The company operates in two segments, PCB and RF&S Components. It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrate... TTMI Profile

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