TETRA Technologies, Inc. (TTI)

TETRA Technologies, Inc. is trading at $5.86, down 1.84% on the session. The 50 day average sits at $6.19 and the 200 day at $8.76, which puts the stock in a downtrend. RSI is at 53.8, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $5.64 with resistance near $6.15, so that band frames the current range. Average daily movement is roughly $0.27, or about 4.7% of the share price, which is what any stop placement has to allow for. The overall health score of 38 out of 100 combines a trend score of 0, momentum of 67 and a risk score of 58.

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products; and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa. This segment also markets liquid and dry calcium chloride products; and TETRA PureFlow ultra-pure zinc bromide to battery technology companies. Its Water & Flowback Services segment provides water management services for onshore oil and gas operators. This segment also offers frac flowback, early production facilities and services, production well testing, and other associated services in oil and gas producing regions in the United States, as well as in various basins in Latin America, Europe, and the Middle East. The company was incorporated in 1981 and is headquartered in Spring, Texas.