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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 TGH
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Textainer Group Holdings Limited stock price ended at $49.99 on Monday, after losing 0%.
(Updated on Apr 22, 2024)

Buy or Hold candidate since Jan 02, 2024 Gain 1.42% PDF

No changes to the price of Textainer Group Holdings Limited stock on the last trading day (Monday, 22nd Apr 2024). During the last trading day the stock fluctuated 0% from a day low at $49.99 to a day high of $49.99. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock has broken the narrow and horizontal trend down. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately $50.07 is considered to be a "second chance" to get out before further fall. It is, however, important to note that false breaks may appear and that the price may move back into the horizontal trend. A break on increasing volume is considered to be more significant and reliable than breaks on low volume.

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TGH Signals & Forecast

The Textainer Group Holdings Limited 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 $49.99 and $49.97. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 01, 2024, and so far it has risen 0.221%. Further rise is indicated until a new top pivot has been found. 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). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Textainer Group Holdings Limited stock

Textainer Group Holdings Limited finds support from accumulated volume at $49.97 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $47.02 (-5.94%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 34 days ago.)

Trading Expectations (TGH) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Textainer Group Holdings Limited to open at $49.99, and during the day (based on 14 day Average True Range), to move between $49.98 and $50.00, which gives a possible trading interval of +/-$0.0092 (+/-0.02%) up or down from last closing price. If Textainer Group Holdings Limited takes out the full calculated possible swing range there will be an estimated 0.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $49.97 (0.04%) than the resistance at $50.09 (0.20%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Textainer Group Holdings Limited stock A Buy?

Textainer Group Holdings Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Textainer Group Holdings Limited of Tuesday, April 23, 2024

Fair opening price April 23, 2024 Current price
$49.99 ( 0%) $49.99

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

Trading levels for TGH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 49.99 .
R2 49.99 .
R1 49.99 .
Current price: 49.99
Support S1 49.99 .
S2 49.99 .
S3 49.99 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 50.14 0.300 %
R2 50.11 0.240 %
R1 50.09 0.200 %
Current price 49.99
Support S1 49.97 -0.0400%
S2 49.91 -0.160%
S3 49.90 -0.180%

TGH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 13, 2024 Feb 29, 2024 Mar 15, 2024 $0.300 0.600%
2 Nov 02, 2023 Nov 30, 2023 Dec 15, 2023 $0.300 0.610%
3 Aug 01, 2023 Aug 31, 2023 Sep 15, 2023 $0.300 0.772%
4 May 02, 2023 Jun 01, 2023 Jun 15, 2023 $0.300 0.757%
5 Feb 14, 2023 Mar 02, 2023 Mar 15, 2023 $0.300 0.96%

FAQ

What is the symbol for Textainer Group Holdings Limited Stock and on which exchange is it traded?
The symbol for Textainer Group Holdings Limited is TGH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Textainer Group Holdings Limited Stock?
Textainer Group Holdings Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Textainer Group Holdings Limited Stock?
Textainer Group Holdings Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Textainer Group Holdings Limited Stock.

What's the current price of Textainer Group Holdings Limited Stock?
As of the end of day on the Apr 22, 2024, the price of an Textainer Group Holdings Limited (TGH) share was $49.99.

What is the 52-week high and low for Textainer Group Holdings Limited Stock?
The 52-week high for Textainer Group Holdings Limited Stock is $50.15 and the 52-week low is $33.62.

What is the market capitalization of Textainer Group Holdings Limited Stock?
As of the Apr 22, 2024, the market capitalization of Textainer Group Holdings Limited is 2.068B.

When is the next earnings date for Textainer Group Holdings Limited?
The upcoming earnings date for Textainer Group Holdings Limited is May 07, 2024.
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About Textainer Group Holdings Limited

Textainer Group Holdings Limited Textainer Group Holdings Limited, through its subsidiaries, purchases, owns, manages, leases, and disposes a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types... TGH Profile

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