TETRA Technologies, Inc. TTI could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for TTI broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.
This has already started to take place, as the stock has moved lower by 9.9% in the past four weeks. And with the recent moving average crossover, investors have to think that more unfavorable trading is ahead for TTI stock.
If that wasn’t enough TETRA Technologies isn’t looking...