Stock Market Technical Indicators & Analysis
TITN has an IBD comp rating=99 an EPS rating= 99, and RS= 96. On November 30 when it released earnings up +91% it had a gap up on huge volume in a GLB. It then retested the green line and broke above its 9 week base to an ATH on above average trading volume on Monday. See daily, weekly and monthly charts. Watch to see if it falls back into the base or goes on to another ATH. It is expected to have earnings +64% in 2023, according to MarketSmith.
Volume was above the 50 day average on break-out, obscured by one huge volume day in December. Note recent GLB.
It also has a weekly green bar pattern, which was picked up on my scan. See weekly chart.
Both had a recent GLB after which they consolidated for several weeks and then broke out again. All had 4wk>10wk>30wk averages, my prime pattern for advancing stocks. They also had a weekly green bar, indicating a bounce up off of the 4 week average. Stocks at new ATHs after a market decline are often the new leaders.
