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Downtrend Broken Resist.Archive
- 1/17/2025 -
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TransDigm Group (TDG) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the TransDigm Group (TDG). During the week, the TDG gained 78.00 points, or 6.18%, and closed at 1340.00 on Friday, January 17, 2025. TDG was trading at average weekly trading volume.
 Long-term trend: [See TDG long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 499.63 and reached 1451.32 on October 2, 2024. TDG gained -951.69 points, or -190.48%, in 102 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (1380.77) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See TDG medium-term trend chart]
A medium-term downtrend had started on October 2, 2024 at 1451.32 and reached 1230.00 on November 22, 2024. TDG lost 221.32 points, or 15.25%, in 7 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (1190.17) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. TDG may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See TDG weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 18, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See TDG short-term trend chart]
A short-term uptrend had started on December 13, 2024 at 1235.00 and reached 1341.00 on January 17, 2025. TDG gained -106.00 points, or -8.58%, in 35 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The price is near the trend resistance line (1349.50). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
 Daily Technical Indicators: [See TDG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since January 7, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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