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 TC.TO
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Green day on Wednesday for Tucows Inc.
(Updated on Mar 27, 2024)

Sell candidate since Feb 20, 2024 Loss -14.92% PDF

The Tucows Inc. stock price gained 3.50% on the last trading day (Wednesday, 27th Mar 2024), rising from $24.29 to $25.14. During the last trading day the stock fluctuated 2.90% from a day low at $24.48 to a day high of $25.19. The price has been going up and down for this period, and there has been a 2.82% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 113 more shares were traded than the day before. In total, 913 shares were bought and sold for approximately $22.95 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -25.86% during the next 3 months and, with a 90% probability hold a price between $17.54 and $20.43 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TC.TO Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 4.88%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Tucows Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Tucows Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $26.37. On a fall, the stock will find some support from the short-term average at $24.63. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Tucows Inc. stock

Tucows Inc. finds support from accumulated volume at $25.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.710 (2.90%) between high and low. For the last week, the stock has had daily average volatility of 2.51%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TC.TO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Tucows Inc. to open at $24.94, and during the day (based on 14 day Average True Range), to move between $24.20 and $26.08, which gives a possible trading interval of +/-$0.94 (+/-3.73%) up or down from last closing price. If Tucows Inc. takes out the full calculated possible swing range there will be an estimated 7.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $25.07 (0.28%) than the resistance at $25.44 (1.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Tucows Inc. stock A Buy?

Tucows Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.660 Sell Candidate Unchanged

Predicted Opening Price for Tucows Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$24.94 ( 0.81%) $25.14

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

Trading levels for TC.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.65 2.02 %
R2 25.38 0.94 %
R1 25.21 0.270 %
Current price: 25.14
Support S1 24.67 -1.89 %
S2 24.50 -2.55 %
S3 24.23 -3.63 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 29.81 18.58 %
R2 25.83 2.74 %
R1 25.44 1.19 %
Current price 25.14
Support S1 25.07 -0.278%
S2 25.00 -0.557%
S3 24.50 -2.55%

FAQ

What is the symbol for Tucows Inc. Stock and on which exchange is it traded?
The symbol for Tucows Inc. is TC.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Tucows Inc. Stock?
Tucows Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Tucows Inc. Stock?
Tucows 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 Tucows Inc. Stock.

What's the current price of Tucows Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Tucows Inc. (TC.TO) share was $25.14.

What is the 52-week high and low for Tucows Inc. Stock?
The 52-week high for Tucows Inc. Stock is $45.42 and the 52-week low is $21.62.

What is the market capitalization of Tucows Inc. Stock?
As of the 2024-03-27, the market capitalization of Tucows Inc. is 273.905M.

When is the next earnings date for Tucows Inc.?
The upcoming earnings date for Tucows Inc. is May 06, 2024.
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About Tucows Inc.

Tucows. Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through three segments: Fiber Internet Services, Mobile Services, and Domain Services. The Fiber Internet Services segment provides fixed high-speed Internet access services to individuals and small businesses primarily through the Ting website, and other billing solutions to sma... TC.TO Profile

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