Take-Two Interactive Jumps 4.49% on Bullish Technical Signals

Take-Two Interactive (TTWO) gained 4.49% in the latest session, marking its second consecutive daily advance with a two-day total return of 4.92%. This analysis evaluates TTWO’s technical posture using the provided historical price data, highlighting key patterns, indicators, and probable price trajectories without visual aids. All evaluations are grounded in quantitative metrics and probabilistic interpretations of market signals.
Candlestick Theory
TTWO’s recent candlestick patterns reveal a bullish reversal signal following a period of consolidation. The session on 2025-09-24 formed a long-legged doji with a close of $244.12 (range: $239.46–$253.06), indicating indecision after a sharp decline. This was succeeded by a hammer-like formation on 2025-09-25 (low: $242.62, close: $245.11), which transitioned into a robust bullish marubozu on 2025-09-26 (open near $245.49, close: $256.12). The latter candle’s body spans $10.63 (4.49% gain) with minimal upper wick, signaling strong buying pressure. Immediate resistance is evident at $258.10 (September 26 high), while support consolidates near $245.50 (recent swing low) and $239.46 (September 24 trough). A close above $258.10 could trigger momentum toward $265, though failure to breach this level may invite retracement.
Moving Average Theory
The moving average configuration underscores a bullish intermediate trend. The 50-day SMA (approximately $244), derived from mid-July to late September prices, slopes upward and resides above the 100-day SMA (~$235) and 200-day SMA (~$225). TTWO’s current price ($256.12) trades notably above all three averages, confirming a sustained uptrend. The 50-day/200-day golden cross—occurring in late August—reinforces bullish bias. However, the wide dispersion between the price and its 50-day SMA (~$12) suggests potential short-term overextension, increasing susceptibility to pullbacks if bullish momentum wanes.
MACD & KDJ Indicators
MACD (12/26/9 settings) exhibits bullish momentum, with the MACD line crossing above its signal line in recent sessions amid rising histogram bars. KDJ metrics complement this view: The %K line (fast stochastic) has surged above %D (slow stochastic) from oversold territory (<30) and now approaches overbought levels. While both oscillators signal accelerating upward momentum, the KDJ’s steep ascent hints at overheating. Divergence is absent currently, but traders should monitor for bearish MACD/price divergences near the $258 resistance, which could foreshadow consolidation.
Bollinger Bands
Bollinger Bands (20-day SMA ± 2σ) reflect expanding volatility after a contraction phase. The bandwidth widened sharply on September 26 as price penetrated the upper band ($254), closing near its upper limit. Historically, such breakouts after band tightening (e.g., September 18–25) validate bullish impulses. The breach suggests short-term upside targeting $265, though a mean-reversion pullback toward the 20-day SMA ($248) is statistically probable within 1–3 sessions if volume support falters. Sustained trading above the upper band remains unsustainable under typical volatility regimes.
Volume-Price Relationship
Volume dynamics corroborate the recent breakout. The surge to 3.48 million shares on September 26—nearly triple the 30-day average—amplifies confidence in the 4.49% advance. Notably, this high-volume up day eclipsed the elevated but distribution-oriented volume on September 24 (-2.85% on 2.08 million shares). Volume divergence occurred on September 25 (price gain of 0.41% on below-average volume), which resolved bullishly with the subsequent high-volume surge. For trend sustainability, volume should stabilize near or above the 30-day average (~1.8 million) during advances; failure to do so near $258 resistance may indicate exhaustion.
Relative Strength Index (RSI)
The 14-day RSI, calculated from the latest 15 closing prices, approximates 72—marginally above the overbought threshold (70). This reading incorporates the 11.01-point gain on September 26, which disproportionately influenced the average-gain component. Historically, RSI readings above 70 in TTWO have preceded brief consolidations but not necessarily trend reversals, particularly during strong macro-updrifts. Probabilistically, RSI’s overbought signal alone lacks reliability; however, coupled with proximity to the $258 resistance and Bollinger Band breach, it reinforces near-term reversion risks. A dip below 60 would signal cooling momentum.
Fibonacci Retracement
Applying Fibonacci levels to the dominant uptrend from the August 8 low ($217.37) to the September 26 high ($258.10) yields key retracement supports: 23.6% ($248.49), 38.2% ($242.54), and 50% ($237.74). TTWO’s September 24 low ($239.46) tested the 38.2–50% zone (convergent with major moving averages) before rebounding sharply, validating this cluster as strong support. Current price action near the 0% extension faces resistance at $258.10. A breakout above this level projects an initial 61.8% extension to $268. Conversely, a reversal below $248.49 (23.6%) could retest $242–$240 support, where buyers may reengage.
Confluence and Divergence Summary
Confluence is pronounced at the $239–$242 support region (38.2% Fibonacci, 100/200-day SMAs, and volume-based demand zone), which catalyzed the latest reversal. Bullish consensus emerges via MACD/KDJ momentum, moving-average alignment, and volume-backed candlestick patterns. Divergence is absent among primary indicators, though RSI’s overbought reading and Bollinger Band penetration present non-confirmed cautionary signals. Given TTWO’s two-day 4.92% ascent, a pause or shallow pullback toward $248–$245 appears probable before any challenge of $258 resistance. Traders should prioritize closing breaks above $258 or below $242 for directional bias shifts.