RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TGI
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Triumph Group Inc stock upgraded to Buy Candidate.
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jun 21, 2024 Gain 12.85% PDF

The Triumph Group Inc stock price gained 3.15% on the last trading day (Monday, 22nd Jul 2024), rising from $16.52 to $17.04. During the last trading day the stock fluctuated 3.89% from a day low at $16.45 to a day high of $17.09. The price has risen in 6 of the last 10 days and is up by 8.4% 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, 4 thousand more shares were traded than the day before. In total, 361 thousand shares were bought and sold for approximately $6.14 million.

The stock lies in the middle of a 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 19.83% during the next 3 months and, with a 90% probability hold a price between $18.07 and $21.21 at the end of this 3-month period.

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TGI Signals & Forecast

The Triumph Group 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 $16.79 and $15.41. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -2.68%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Triumph Group Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $15.17 and $15.10. 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, Triumph Group Inc finds support just below today's level at $15.17. If this is broken, then the next support from accumulated volume will be at $15.10 and $13.26.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.640 between high and low, or 3.89%. For the last week, the stock has had daily average volatility of 4.09%.

Our recommended stop-loss: $16.25 (-4.66%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 39 days ago.)

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

For the upcoming trading day on Tuesday, 23rd we expect Triumph Group Inc to open at $16.86, and during the day (based on 14 day Average True Range), to move between $16.50 and $17.58, which gives a possible trading interval of +/-$0.539 (+/-3.16%) up or down from last closing price. If Triumph Group Inc takes out the full calculated possible swing range there will be an estimated 6.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $17.12 (0.47%) than the support at $15.17 (10.97%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Triumph Group Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Triumph Group Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.805 Buy Candidate Upgraded

Predicted Opening Price for Triumph Group Inc of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$16.86 ( 1.06%) $17.04

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

Trading levels for TGI

Fibonacci Support & Resistance Levels

Level Price
R3 17.50 2.70%
R2 17.26 1.26%
R1 17.10 0.378%
Price 17.04
S1 16.62 -2.49%
S2 16.46 -3.38%
S3 16.22 -4.81%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 17.51 2.76%
R1 17.12 0.469%
Price 17.04
S1 15.17 -10.97%
S2 15.10 -11.38%
S3 13.26 -22.18%

TGI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 12, 2020 Feb 28, 2020 Mar 16, 2020 $0.0400 0.614%
2 Nov 14, 2019 Nov 29, 2019 Dec 16, 2019 $0.0400 0.148%
3 Aug 19, 2019 Aug 29, 2019 Sep 13, 2019 $0.0400 0.158%
4 May 20, 2019 May 30, 2019 Jun 15, 2019 $0.0400 0.200%
5 Feb 21, 2019 Feb 28, 2019 Mar 15, 2019 $0.0400 0.192%

FAQ

What is the symbol for Triumph Group Inc Stock and on which exchange is it traded?
The symbol for Triumph Group Inc is TGI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Triumph Group Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Triumph Group Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Triumph Group Inc Stock?
Triumph Group 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 Triumph Group Inc Stock.

What's the current price of Triumph Group Inc Stock?
As of the end of day on the Jul 22, 2024, the price of an Triumph Group Inc (TGI) share was $17.04.

What is the 52-week high and low for Triumph Group Inc Stock?
The 52-week high for Triumph Group Inc Stock is $17.87 and the 52-week low is $7.00.

What is the market capitalization of Triumph Group Inc Stock?
As of the Jul 22, 2024, the market capitalization of Triumph Group Inc is 1.316B.

When is the next earnings date for Triumph Group Inc?
The upcoming earnings date for Triumph Group Inc is Aug 07, 2024.
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About Triumph Group Inc

Triumph Group Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Aerospace Structures. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems ... TGI Profile

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