Broke out early in the morning, didn't continue its move higher as I would liked to see though and kind of fizzle at the end of the day.
IBD rating of 99
RS rating of 91
Long @ 90.38
Teradyne has a positive outlook.
Entry @ 84.50
Stop Loss Exit @ 80.50
Long Term Support around @ 68
RSI- OK - Momentum is GOOD
SMA- OK
Trending with other Indexes & Performing better
Outperforming other similar companies
New 52 week high
Glanced @ Fundamental and is OKAY.
W chart, M chart, D chart...RSI is overbought, price to MA200 is higher of 10% going up to 45%.
Take under consideration that fundamentals are OK! meaning, some drop in price value is likely, but it can be as well just one more opportunity for a buy position, by and hold,
It is forming a handle. needs to stay above $78.19
Entry. $78.29
S/L $74.40
TP $105
12 months Consensus Price Target: $70.14
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Price has broken above the golden pocket and is finding support at this level. Price has risen above the 50, 100 and 200 EMA, it may have more room to go.
Price can go test de $69 levels
Teradyne (NASDAQ:TER) +7% reports Q1 beats for the period ending on March 29 and provides a broad Q2 outlook due to the pandemic, expecting revenue of $690-800M (consensus: $643.7M) and EPS of $0.86-1.16 (consensus: $0.80).
Q1 revenue breakdown: Semiconductor Test, $484M; System Test, $116M; Industrial Automation, $60M; Wireless Test, $43M.
Teradyne remains...
Momentum has been on the side of TER in 2019 but that seems to have run its course, indicators are shoring bearish divergences as sell side volume has dominated in the last few sessions.
Nit worth the risk to buy at this level before earnings as a pullback is well overdue, profit taking will occur whether earnings are good or bad.
P/E 22 which has grown...
Maybe a forgotten stock but TER could have a amazing read on the world economy within their earnings report.
AVERAGE ANALYSTS PRICE TARGET $48
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 18
SHORT INTEREST 4.8%
COMPANY PROFILE
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the...
TER is one of the few stocks moving with momentum in an indecisive market condition. It is a semiconductor stock that has a similar technical pattern to AMD, with Dark Pool buying intermittently through the bottom formation. The stock recently pushed through strong resistance. With earnings in 3 weeks, this may be the start of a pre-earnings run. Watch the next...
