TTM Technologies (TTMI) : Traders are bullish on TTM Technologies (TTMI) as it has outperformed the S&P 500 by a wide margin of 6.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.98%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.15% in the last 1 week, and is up 5.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.02% and the 50-Day Moving Average is 10.05%.The 200 Day SMA reached 49.64%
TTM Technologies (NASDAQ:TTMI): After opening at $11.46, the stock dipped to an intraday low of $11.37 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $11.485 and the buying power remained strong till the end. The stock closed at $11.45 for the day, a gain of 0.44% for the day session. The total traded volume was 1,573,685. The stocks close on the previous trading day was $11.45.
TTM Technologies, Inc. is a provider of printed circuit board (PCB) products and backplane assemblies, which serve as the foundation of electronic products. The Company operates a total of 13 facilities in the United States and the Peoples Republic of China (China). It manages operations based on two geographic operating segments: Asia Pacific, which consists of five PCB fabrication plants, and North America, which consists of seven domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants, and one backplane assembly plant in Shanghai, China, which is managed in conjunction with its United States operations. It serves a range of customer base in various markets, including manufacturers of networking/communications infrastructure products, smartphones, and touchscreen tablets, as well as the aerospace and defense, high-end computing, and industrial/medical industries.