$TER Rallies 10.7% Into $301 Resistance, Momentum Strong but Overbought
$Teradyne(TER)$
Teradyne, Inc.(TER) Surged +10.69%: Testing 52-Week High at $300.11, Momentum Accelerates
Latest Close Data:
Teradyne closed at $300.11 on Feb 9, 2026, surging +10.69% for the day. The price is now testing its 52-week high of $301.38, just $1.27 away.
Core Market Drivers:
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The semiconductor test equipment leader continues to benefit from robust demand in the AI and advanced computing sectors.
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Recent capital flow data showed a significant net inflow of $245.8 million on Feb 4, indicating strong institutional interest, though flows have been mixed in the past week.
Technical Analysis:
Volume of 5.02M shares was below average (VR 0.76), suggesting the move lacked broad participation. However, technical indicators are bullish:
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RSI(6) at 80.2 shows strong momentum but is nearing overbought territory.
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MACD (DIF: 18.80, DEA: 14.30, MACD: 8.99) is accelerating upward, confirming the bullish trend.
Key Price Levels:
* Immediate Pivot: $300.11 (Today's close & test of resistance)
* Strong Resistance: $301.38 (52-Week High)
* Primary Support: $281.00 (Today's low)
Valuation Perspective:
Forward P/E of 47.53 is significantly above its historical average of 37.41 and +1 Std. Dev. of 45.32, indicating the market is pricing in high growth expectations. TTM P/E of 86.49 reflects past earnings cycles.
Analyst Targets:
16 analysts have an average price target of $294.24, slightly below the current price. Sentiment is positive with 4 Strong Buy, 8 Buy, 6 Hold, and 1 Underperform ratings.
Weekly Outlook:
The stock is at a critical juncture. A confirmed breakout above $301.38 could target the $310-$320 range. Failure to break higher may lead to consolidation between $281 and $301. Watch for volume expansion on any breakout attempt.
Risk Disclaimer:
This analysis is for informational purposes only and not financial advice. Investing involves risks, including the potential loss of principal. Past performance is not indicative of future results. Always conduct your own research and consider your financial situation before trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
