RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TPX
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Stronger technical forecast for Tempur Sealy International Inc stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 22, 2024 Gain 10.86% PDF

The Tempur Sealy International Inc stock price gained 0.285% on the last trading day (Wednesday, 27th Mar 2024), rising from $56.07 to $56.23. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.58% from a day low at $55.64 to a day high of $56.52. The price has risen in 6 of the last 10 days and is up by 0.84% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 200 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $67.01 million.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $56.76 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 12.11% during the next 3 months and, with a 90% probability hold a price between $59.75 and $63.64 at the end of this 3-month period.

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TPX Signals & Forecast

The Tempur Sealy International Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $55.17 and $53.24. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 6.92%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Tempur Sealy International Inc stock

Tempur Sealy International Inc finds support from accumulated volume at $54.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.88 between high and low, or 1.58%. For the last week the stock has had daily average volatility of 2.31%.

Our recommended stop-loss: $53.91 (-4.12%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (TPX) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Tempur Sealy International Inc to open at $56.13, and during the day (based on 14 day Average True Range), to move between $54.90 and $57.56, which gives a possible trading interval of +/-$1.33 (+/-2.37%) up or down from last closing price. If Tempur Sealy International Inc takes out the full calculated possible swing range there will be an estimated 4.75% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $54.47, some $1.76 (3.13%) from the current price of $56.23, our system finds the risk reward attractive.

Is Tempur Sealy International Inc stock A Buy?

Tempur Sealy International Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.207 Strong Buy Candidate Upgraded

Predicted Opening Price for Tempur Sealy International Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$56.13 ( 0.178%) $56.23

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TPX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 57.01 1.39 %
R2 56.67 0.789 %
R1 56.47 0.420 %
Current price: 56.23
Support S1 55.79 -0.776 %
S2 55.59 -1.15 %
S3 55.25 -1.74 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 56.23
Support S1 54.47 -3.13%
S2 51.88 -7.74%
S3 51.25 -8.86%

TPX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Feb 21, 2024 Mar 07, 2024 $0.130 0.235%
2 Nov 02, 2023 Nov 15, 2023 Dec 04, 2023 $0.110 0.250%
3 Aug 03, 2023 Aug 16, 2023 Aug 31, 2023 $0.110 0.235%
4 May 09, 2023 May 22, 2023 Jun 06, 2023 $0.110 0.294%
5 Feb 09, 2023 Feb 22, 2023 Mar 09, 2023 $0.110 0.273%

FAQ

What is the symbol for Tempur Sealy International Inc Stock and on which exchange is it traded?
The symbol for Tempur Sealy International Inc is TPX and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Tempur Sealy International Inc Stock?
Tempur Sealy International Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy Tempur Sealy International Inc Stock?
Tempur Sealy International Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Tempur Sealy International Inc Stock.

What's the current price of Tempur Sealy International Inc Stock?
As of the end of day on the 2024-03-27, the price of an Tempur Sealy International Inc (TPX) share was $56.23.

What is the 52-week high and low for Tempur Sealy International Inc Stock?
The 52-week high for Tempur Sealy International Inc Stock is $56.52 and the 52-week low is $34.98.

What is the market capitalization of Tempur Sealy International Inc Stock?
As of the 2024-03-27, the market capitalization of Tempur Sealy International Inc is 9.734B.

When is the next earnings date for Tempur Sealy International Inc?
The upcoming earnings date for Tempur Sealy International Inc is May 14, 2024.
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About Tempur Sealy International Inc

Tempur Sealy International Tempur Sealy International, Inc., together with its subsidiaries, designs, manufactures, markets, and distributes bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the TEMPUR, Tempur-Pedic, Sealy, and Stearns & Foster... TPX Profile

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