TTM Technologies Outlook: Bullish Technicals and Mixed Fundamentals

Market SnapshotHeadline takeaway: TTM Technologies shows strong technical signals with an internal diagnostic score of 7.71, but fundamentals are mixed with a score of 5.89.

News Highlights

Texas Instruments Discusses Growth at Bernstein Conference – Texas Instruments (TXN) highlighted its industrial and automotive strategies, reflecting broader industry trends that could indirectly affect TTM Technologies. This shows investor interest in the sector is high.

First Human Use of Remanufactured Surgical Instruments – While unrelated to TTM Technologies directly, this news shows continued innovation in the instrumentation space, which may bode well for the broader sector TTM operates in.

Vodafone Idea's Fundraising Plan – Vodafone Idea’s $2B capital raise is a sign of industry stress in telecom, potentially highlighting macroeconomic pressures that could impact TTM’s business if it serves that sector.

Analyst Views & Fundamentals

The analyst landscape for TTM Technologies is mixed. The simple average rating stands at 5.00, while the weighted rating score is 2.31, based on historical performance and confidence levels. However, the ratings are not consistent—only one analyst is active in the past 20 days, and the lone rating is “Strong Buy” from B. Riley Securities. This single opinion contrasts with the recent price drop of -15.46%, indicating a disconnect between analyst sentiment and current price movement.

Fundamental Highlights

Price-to-Sales (PS): 7.78 – internal diagnostic score: 7.78 / 10
Net Profit Margin: 5.95% – internal diagnostic score: 5.95 / 10
Return on Equity (ROE): 7.45% – internal diagnostic score: 7.45 / 10
Cash Flow from Operating Activities (CFOA): 0.06 – internal diagnostic score: 6.00 / 10
Operating Cash Flow to Operating Revenue: 10.74% – internal diagnostic score: 10.74 / 10

Overall, TTM Technologies shows moderate to strong fundamentals, with operating cash flow and ROE standing out. However, the mixed analyst sentiment and declining price suggest caution.

Money-Flow Trends

Big-money and retail flows are both in negative territory for TTM Technologies. The overall inflow ratio is 49.02%, meaning nearly half of the capital is still flowing in, despite the negative trend. Notably:

Small investors: 48.42% inflow ratio
Medium investors: 49.85% inflow ratio
Large and Extra-large investors: also in the mid-48–49% range

This suggests a relatively balanced outflow situation, with no single group dominating. Given the internal diagnostic score of 7.74 for fund flow, it's clear that while the trend is negative, it's not panicking—suggesting a cautious but not panicked market.

Key Technical Signals

TTM Technologies’ technical side is strong, with a 7.71 internal diagnostic score. Recent indicators highlight the bullish momentum:

RSI Overbought: 9.0 / 10 – strong bullish signal
WR Overbought: 8.12 / 10 – strong bullish signal
Long Lower Shadow: 7.61 / 10 – strong bullish signal
Bullish Harami Cross: 8.07 / 10 – strong bullish signal
MACD Death Cross: 5.75 / 10 – neutral

Chart patterns emerged in recent trading sessions, including a Bullish Harami Cross on Dec 12 and repeated WR and RSI overbought signals between Dec 9 and Dec 11, indicating strong bullish momentum over the past five days. The technical score reflects cautious optimism with a strong upward tilt.

Conclusion

TTM Technologies is showing strong technical support with multiple overbought indicators and a bullish Harami Cross—suggesting the stock may continue upward in the short term. However, the fundamentals are mixed, and the price is down sharply (-15.46%), which contradicts analyst optimism.

Actionable takeaway: Investors should consider waiting for a pull-back or a confirmation of strength via a breakout above key resistance levels before entering long positions. With the technical side showing strength and the fundamentals in flux, timing is key to capturing upside without overexposure.