GET DAILY SIGNALSWhy Is TTM Technologies (TTMI) Stock Down -3.25% Today?
Key Takeaways
- TTMI shares fell 3.25% to $76.14 in intraday trading, down from a prior close of $78.70.
- The pullback follows a sharp three-session relief rally that lifted the stock roughly 42% off its early-November low of $55.44.
- Profit-taking and overhead technical resistance are the primary drivers, with no single company-specific catalyst behind the session's decline.
- Sentiment remains tied to broader AI-hardware and semiconductor volatility after a weak fourth-quarter outlook spooked investors in late October.
- Traders are watching whether the stock can hold support near $70 and eventually reclaim the $100–$102 zone overhead.
- For additional detail on valuation, upcoming results, and outlook, explore Price Targets, Earnings, and Forecast pages.
- Discover AI-driven trading strategies across the market on the Trending AI Robots page.
Opening Summary
TTM Technologies, Inc. (TTMI), a Santa Ana, California-based manufacturer of printed circuit boards (PCBs), radio frequency components, and mission systems, saw its shares fall 3.25% to $76.14 in intraday trading on Wednesday, down from the prior session's close of $78.70. The decline marked a pause in a volatile rebound that had carried the stock sharply higher over the preceding three sessions. Markets attributed the move primarily to profit-taking after that rapid run-up, with no single company-specific announcement driving the day's weakness.
Profit-Taking After a Sharp Relief Rally
The most immediate catalyst behind the decline is technical: TTMI had just completed one of its most dramatic bounces in recent memory. After a brutal drawdown that took the stock from a 52-week high of $223.83 in June to a low of $55.44 in early November, shares rebounded roughly 42% over three consecutive sessions, closing up nearly 9% at $78.70 on the prior day. Such violent, high-velocity recoveries frequently invite short-term sellers to lock in gains, and Wednesday's 3.25% slide reflects that natural consolidation rather than a deterioration in fundamentals.
Overhead Resistance and a Weak Technical Setup
The pullback also coincides with a chart that remains under heavy overhead supply. The stock continues to trade well below its 50-day moving average near $106 and its 200-day moving average near $127, and a significant price gap left during the October selloff sits just below the $100–$102 zone. Until TTMI reclaims those levels, technical traders are likely to treat rallies as countertrend bounces rather than confirmed reversals, adding selling pressure whenever the stock approaches resistance.
Lingering Post-Earnings Anxiety
Beneath the day's move sits a broader unease that has defined the stock's trading since late October. In its fiscal third-quarter report, TTMI posted record revenue of $1.20 billion and adjusted earnings per share of $1.46, both ahead of expectations. Yet shares plunged roughly 28% the next day after management guided fourth-quarter revenue to $1.42–$1.44 billion, at or slightly below consensus, and flagged a timing-driven miss in its data-center and networking division along with supply-chain lead times stretching to 24 weeks. That guidance gap, compounded by rising leverage following the $1.1 billion Epiq Solutions acquisition, continues to color sentiment even as the stock attempts to stabilize.
Market Context and Trading Activity
The session's weakness unfolded against a backdrop of continued volatility across AI-infrastructure and semiconductor names, where investors remain sensitive to any signals about demand timing and capital intensity. TTMI shares traded in a wide range, and the move came as the stock consolidated within a band defined by its recent low and the failed November 3 swing high near $84. Volume has been elevated throughout the rebound and subsequent pullback, reflecting active repositioning rather than broad-based, orderly accumulation. Broader indices have not shown the same degree of whipsaw, underscoring that much of the volatility remains stock- and sector-specific.
What Comes Next for TTMI
Looking ahead, traders will focus on whether TTMI can hold support around the $70 level and whether buyers can push the stock back toward the $83–$84 shelf that marks the first meaningful higher high since the crash. The next quarterly results, expected in February, will be scrutinized for evidence that the data-center orders flagged as delayed in the fourth quarter are materializing. Key risks include ongoing supply-chain lead times, elevated leverage from recent acquisitions, and the broader trajectory of AI-hardware spending. While management raised its full-year guidance and sketched a preliminary 2027 outlook well above current levels, investors remain wary of the gap between strong long-term demand narratives and near-term execution.
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Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
TTMI in downward trend: 10-day moving average moved below 50-day moving average on October 14, 2026
The 10-day moving average for TTMI crossed bearishly below the 50-day moving average on October 14, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 78%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 08, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on TTMI as a result. In 49 of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 67%.
TTMI moved below its 50-day moving average on October 08, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TTMI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 69%.
The Aroon Indicator for TTMI entered a downward trend on November 11, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TTMI's RSI Oscillator exited the oversold zone, 27 of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 79%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 42 of 51 cases where TTMI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 82%.
The Moving Average Convergence Divergence (MACD) for TTMI just turned positive on November 11, 2026. Looking at past instances where TTMI's MACD turned positive, the stock continued to rise in 37 of 49 cases over the following month. The odds of a continued upward trend are 76%.
Following a +21.07% 3-day Advance, the price is estimated to grow further. Considering data from situations where TTMI advanced for three days, in 259 of 326 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
TTMI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 60 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.622) is normal, around the industry mean (3.856). P/E Ratio (29.044) is within average values for comparable stocks, (6.228). Projected Growth (PEG Ratio) (0.330) is also within normal values, averaging (0.930). Dividend Yield (0.000) settles around the average of (0.021) among similar stocks. P/S Ratio (3.604) is also within normal values, averaging (4.422).
The Tickeron SMR rating for this company is 60 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 66 (best 1 - 100 worst), indicating fairly steady price growth. TTMI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 71 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TTMI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 88 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a manufacturer of printed circuit boards
Industry ElectronicComponents
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