TTM Technologies Stock Technical Analysis

TTMI
 Stock
  

USD 15.34  0.18  1.16%   

As of the 6th of December, TTM Technologies has the coefficient of variation of 4680.19, and Risk Adjusted Performance of 0.0375. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TTM Technologies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for TTM Technologies, which can be compared to its competition. Please validate TTM Technologies standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if TTM Technologies is priced fairly, providing market reflects its prevalent price of 15.34 per share. Given that TTM Technologies has jensen alpha of (0.05), we advise you to double-check TTM Technologies's current market performance to make sure the company can sustain itself next year.
  

TTM Technologies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TTM Technologies, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TTM Technologies
TTM Technologies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

TTM Technologies Analyst Consensus

Target PriceAdvice# of Analysts
17.44Buy4Odds
TTM Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most TTM Technologies analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand TTM Technologies stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TTM Technologies, talking to its executives and customers, or listening to TTM Technologies conference calls.
TTM Technologies Analyst Advice Details
TTM Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TTM Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TTM Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

TTM Technologies Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of TTM Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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TTM Technologies Trend Analysis

Use this graph to draw trend lines for TTM Technologies. You can use it to identify possible trend reversals for TTM Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual TTM Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

TTM Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TTM Technologies applied against its price change over selected period. The best fit line has a slop of   0.027049  , which means TTM Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 27.67, which is the sum of squared deviations for the predicted TTM Technologies price change compared to its average price change.

About TTM Technologies Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of TTM Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of TTM Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TTM Technologies price pattern first instead of the macroeconomic environment surrounding TTM Technologies. By analyzing TTM Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of TTM Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to TTM Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2022 (projected)
Long Term Debt to Equity1.190.650.97
Interest Coverage2.012.772.52

TTM Technologies December 6, 2022 Technical Indicators

Most technical analysis of TTM Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TTM Technologies from various momentum indicators to cycle indicators. When you analyze TTM Technologies charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

TTM Technologies December 6, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as TTM Technologies stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for analysis

When running TTM Technologies price analysis, check to measure TTM Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TTM Technologies is operating at the current time. Most of TTM Technologies' value examination focuses on studying past and present price action to predict the probability of TTM Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TTM Technologies' price. Additionally, you may evaluate how the addition of TTM Technologies to your portfolios can decrease your overall portfolio volatility.
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Is TTM Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TTM Technologies. If investors know TTM Technologies will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TTM Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.21
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
0.21
Return On Assets
0.032
Return On Equity
0.0649
The market value of TTM Technologies is measured differently than its book value, which is the value of TTM Technologies that is recorded on the company's balance sheet. Investors also form their own opinion of TTM Technologies' value that differs from its market value or its book value, called intrinsic value, which is TTM Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TTM Technologies' market value can be influenced by many factors that don't directly affect TTM Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TTM Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine TTM Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TTM Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.