Why Titan Machinery Inc. ($TITN) Is Acting Slightly Strange (2019-10-15)

REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how TITN has been trading over the last 2 weeks and the past day especially. On its latest session, Titan Machinery Inc. ($TITN) opened at 15.35, reaching a high of 15.36 and a low of 15.11 before closing at a price of 15.34. There was a total volume of 66505.

VOLUME INDICATORS FOR TITAN MACHINERY INC. ($TITN): We saw an accumulation-distribution index of 770.272, an on-balance volume of -15.51, chaikin money flow of 49.0 and a force index of 0.1681. There was an ease of movement rating of -0.00329, a volume-price trend of -1.72748 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR TITAN MACHINERY INC. ($TITN): We noted an average true range of 0.42877, bolinger bands of 15.13743, an upper bollinger band of 15.05257, lower bollinger band of 15.11, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 15.27333, high band keltner channel of 15.26333, low band keltner channel of 15.28333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 15.11, a donchian channel low band of 15.11, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR TITAN MACHINERY INC. ($TITN): We calculated a Moving Average Convergence Divergence (MACD) of -0.00067, a MACD signal of -0.00037, a MACD difference of -0.0003, a fast Exponential Moving Average (EMA) indicator of 15.11, a slow Exponential Moving Average (EMA) indicator of 15.11, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.96974, a trix of -8.8574, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 1.90975, a KST Oscillator (KST) of -112.20788 and a KST Oscillator (KST Signal) of -112.20788 (leaving a KST difference of -0.44066). We also found an Ichimoku rating of 15.355, an Ichimoku B rating of 15.355, a Ichimoku visual trend A of 17.45302, an Ichimoku visual trend B of 16.97415, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR TITAN MACHINERY INC. ($TITN): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 15.5502, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -15.06251, a stochastic oscillator of 2500.0, a stochastic oscillator signal of 2500.0, a Williams %R rating of 2400.0 and an awesome oscillator of -0.09133.

RETURNS FOR TITAN MACHINERY INC. ($TITN): There was a daily return of -11.22079, a daily log return of -0.19874 and a cumulative return of -0.19854.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Titan Machinery Inc. ($TITN)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Titan Machinery Inc. ($TITN) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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