TERADYNE INC. - Daily - Technical analysis published on 07/29/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 132.55 USD
My targets
116.71 USD (-9.86%)
112.81 USD (-12.87%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on TERADYNE INC. as long as the price remains well below 132.55 USD. The next bearish objective for sellers is set at 116.71 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 112.81 USD. In case of crossing, the next objective would be the support located at 95.67 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
TERADYNE INC. rating 129.48 USD. On the day, this instrument gained +2.39% and was between 127.14 USD and 130.27 USD. This implies that the price is at +1.84% from its lowest and at -0.61% from its highest.127.14
130.27
129.48
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of TERADYNE INC. indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 82.48 | 95.67 | 116.71 | 129.48 | 132.55 | 139.62 | 151.75 |
| Change (%) | -36.30% | -26.11% | -9.86% | - | +2.37% | +7.83% | +17.20% |
| Change | -47.00 | -33.81 | -12.77 | - | +3.07 | +10.14 | +22.27 |
| Level | Major | Major | Major | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 120.57 | 121.80 | 124.13 | 125.36 | 127.69 | 128.92 | 131.25 |
| Camarilla | 125.48 | 125.81 | 126.13 | 126.46 | 126.79 | 127.11 | 127.44 |
| Woodie | 121.12 | 122.08 | 124.68 | 125.64 | 128.24 | 129.20 | 131.80 |
| Fibonacci | 121.80 | 123.16 | 124.00 | 125.36 | 126.72 | 127.56 | 128.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 77.98 | 99.17 | 112.81 | 134.00 | 147.64 | 168.83 | 182.47 |
| Camarilla | 116.88 | 120.08 | 123.27 | 126.46 | 129.65 | 132.85 | 136.04 |
| Woodie | 74.22 | 97.28 | 109.05 | 132.11 | 143.88 | 166.94 | 178.71 |
| Fibonacci | 99.17 | 112.47 | 120.69 | 134.00 | 147.30 | 155.52 | 168.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 126.84 | 132.70 | 140.50 | 146.36 | 154.16 | 160.02 | 167.82 |
| Camarilla | 144.53 | 145.79 | 147.04 | 148.29 | 149.54 | 150.79 | 152.05 |
| Woodie | 127.80 | 133.19 | 141.46 | 146.85 | 155.12 | 160.51 | 168.78 |
| Fibonacci | 132.70 | 137.92 | 141.15 | 146.36 | 151.58 | 154.81 | 160.02 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 36.11 | |
| MACD (12,26,9): | -3.3500 | |
| Directional Movement: | -21.54 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 142.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 153.81 | |
| Elder Ray (13): | -13.68 | |
| Super Trend (3,10): | 145.73 | |
| Zig ZAG (10): | 129.15 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 14.72 | |
| TEMA (21): | 135.66 | |
| Williams %R (14): | -79.39 | |
| Chande Momentum Oscillator (20): | -25.62 | |
| Repulse (5,40,3): | -0.7400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 18.22 |
| MA7: | 139.52 | |
| MA20: | 148.95 | |
| MA50: | 145.72 | |
| MA100: | 128.02 | |
| MAexp7: | 136.98 | |
| MAexp20: | 144.69 | |
| MAexp50: | 141.76 | |
| MAexp100: | 132.16 | |
| Price / MA7: | -7.20% | |
| Price / MA20: | -13.07% | |
| Price / MA50: | -11.14% | |
| Price / MA100: | +1.14% | |
| Price / MAexp7: | -5.48% | |
| Price / MAexp20: | -10.51% | |
| Price / MAexp50: | -8.66% | |
| Price / MAexp100: | -2.03% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on TERADYNE INC.. At the time of publication of this analysis, the latest news was as follows:
- Teradyne Robotics Welcomes James Davidson as Chief AI Officer
- Teradyne Marks 8,000th J750 Semiconductor Test System Shipment
- Teradyne Declares Quarterly Cash Dividend
- Teradyne Reports First Quarter 2024 Results
- Teradyne Honored as a 2024 VETS Indexes Recognized Employer
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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