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 TELL
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Big movements in Tellurian stock price on Thursday moving 16.68% between high and low
(Updated on Mar 28, 2024)

Sell candidate since Mar 19, 2024 Loss -1.46% PDF

The Tellurian stock price gained 11.40% on the last trading day (Thursday, 28th Mar 2024), rising from $0.594 to $0.661. 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 16.68% from a day low at $0.600 to a day high of $0.700. The price has been going up and down for this period, and there has been a -28.01% loss 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, 22 million more shares were traded than the day before. In total, 47 million shares were bought and sold for approximately $31.15 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 17.05% during the next 3 months and, with a 90% probability hold a price between $0.526 and $1.18 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

TELL Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 30.38%. 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. The Tellurian 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 $0.747. On a fall, the stock will find some support from the short-term average at $0.595. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Tellurian stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.623 and $0.554. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Tellurian finds support just below today's level at $0.623. If this is broken, then the next support from accumulated volume will be at $0.554 and $0.550.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.100 between high and low, or 16.68%. For the last week, the stock has had daily average volatility of 15.52%.

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

Trading Expectations (TELL) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Tellurian Inc. to open at $0.654, and during the day (based on 14 day Average True Range), to move between $0.557 and $0.766, which gives a possible trading interval of +/-$0.105 (+/-15.84%) up or down from last closing price. If Tellurian Inc. takes out the full calculated possible swing range there will be an estimated 31.69% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.623 (5.81%) than the resistance at $0.705 (6.61%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Tellurian Inc. stock A Buy?

Tellurian 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: -1.446 Sell Candidate Unchanged

Predicted Opening Price for Tellurian Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.654 ( 1.14%) $0.661

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

Trading levels for TELL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.754 13.99 %
R2 0.716 8.21 %
R1 0.692 4.64 %
Current price: 0.661
Support S1 0.616 -6.93 %
S2 0.592 -10.50 %
S3 0.554 -16.28 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.756 14.24 %
R2 0.733 10.87 %
R1 0.705 6.61 %
Current price 0.661
Support S1 0.623 -5.81%
S2 0.554 -16.30%
S3 0.550 -16.84%

FAQ

What is the symbol for Tellurian Stock and on which exchange is it traded?
The symbol for Tellurian is TELL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Tellurian Stock?
Tellurian 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 Tellurian Stock?
Tellurian Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Tellurian Stock.

What's the current price of Tellurian Stock?
As of the end of day on the 2024-03-28, the price of an Tellurian (TELL) share was $0.661.

What is the 52-week high and low for Tellurian Stock?
The 52-week high for Tellurian Stock is $1.76 and the 52-week low is $0.355.

What is the market capitalization of Tellurian Stock?
As of the 2024-03-28, the market capitalization of Tellurian is 517.475M.

When is the next earnings date for Tellurian?
The upcoming earnings date for Tellurian is May 01, 2024.
Click to get the best stock tips daily for free!

About Tellurian Inc.

Tellurian Tellurian Inc. engages in the natural gas business worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline. It owns interests in 11,060 net acres of natural gas assets and 78 producing wells located in the Haynesville Shale trend of northern Louisiana. The co... TELL Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT