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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 TIXT
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Is TELUS International (Cda) Inc. stock still a buy after falling -5.81% on Wednesday?
(Updated on Apr 17, 2024)

Sell candidate since Apr 12, 2024 Loss -7.35% PDF

The TELUS International (Cda) Inc. stock price fell by -5.81% on the last day (Wednesday, 17th Apr 2024) from $8.43 to $7.94. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 7.44% from a day low at $7.93 to a day high of $8.52. The price has fallen in 7 of the last 10 days and is down by -10.38% for this period. Volume has increased on the last day by 12 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 110 thousand shares were bought and sold for approximately $869.88 thousand.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $7.63 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -9.72% during the next 3 months and, with a 90% probability hold a price between $6.89 and $9.58 at the end of this 3-month period.

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TIXT Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The TELUS International (Cda) Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.49 and $8.78. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 15, 2024, and so far it has fallen -30.23%. Further fall is indicated until a new bottom pivot has been found. TELUS International (Cda) Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for TELUS International (Cda) Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 $0.590 between high and low, or 7.44%. For the last week the stock has had daily average volatility of 3.79%.

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

Trading Expectations (TIXT) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect TELUS International (Cda) Inc. to open at $8.13, and during the day (based on 14 day Average True Range), to move between $7.63 and $8.25, which gives a possible trading interval of +/-$0.306 (+/-3.86%) up or down from last closing price. If TELUS International (Cda) Inc. takes out the full calculated possible swing range there will be an estimated 7.71% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $8.79, some $0.85 (10.71%) from the current price of $7.94, our system finds the risk reward not very attractive.

Is TELUS International (Cda) Inc. stock A Buy?

TELUS International (Cda) Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.759 Sell Candidate Unchanged

Predicted Opening Price for TELUS International (Cda) Inc. of Thursday, April 18, 2024

Fair opening price April 18, 2024 Current price
$8.13 ( 2.39%) $7.94

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

Trading levels for TIXT

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.72 9.82 %
R2 8.49 6.99 %
R1 8.36 5.23 %
Current price: 7.94
Support S1 7.90 -0.446 %
S2 7.77 -2.20 %
S3 7.54 -5.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.40 18.39 %
R2 8.81 10.96 %
R1 8.79 10.71 %
Current price 7.94
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for TELUS International (Cda) Inc. Stock and on which exchange is it traded?
The symbol for TELUS International (Cda) Inc. is TIXT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell TELUS International (Cda) Inc. Stock?
TELUS International (Cda) Inc. holds several negative signals and is within a very wide and falling trend, so we believe 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 TELUS International (Cda) Inc. Stock?
TELUS International (Cda) 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 TELUS International (Cda) Inc. Stock.

What's the current price of TELUS International (Cda) Inc. Stock?
As of the end of day on the 2024-04-17, the price of an TELUS International (Cda) Inc. (TIXT) share was $7.94.

What is the 52-week high and low for TELUS International (Cda) Inc. Stock?
The 52-week high for TELUS International (Cda) Inc. Stock is $21.75 and the 52-week low is $6.03.

What is the market capitalization of TELUS International (Cda) Inc. Stock?
As of the 2024-04-17, the market capitalization of TELUS International (Cda) Inc. is 2.174B.

When is the next earnings date for TELUS International (Cda) Inc.?
The upcoming earnings date for TELUS International (Cda) Inc. is May 02, 2024.
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About TELUS International (Cda) Inc.

TELUS International (Cda). TELUS International (Cda) Inc. provides customer experience and digital business services in Europe, North America, the Asia-Pacific, and the Central America. It offers digital experience solutions, such as AI and bots, omnichannel CX, mobility solutions, cloud contact center, big data, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, customer care, technical support, sales grow... TIXT Profile

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