Tilly's Inc Stock Forecast
Tilly's Inc stock price up 3.05% on Friday
(Updated on Apr 19, 2024)
The Tilly's Inc stock price gained 3.05% on the last trading day (Friday, 19th Apr 2024), rising from $5.58 to $5.75. During the last trading day the stock fluctuated 7.72% from a day low at $5.44 to a day high of $5.86. The price has fallen in 5 of the last 10 days and is down by -8.59% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 8 thousand more shares were traded than the day before. In total, 99 thousand shares were bought and sold for approximately $568.73 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 -21.57% during the next 3 months and, with a 90% probability hold a price between $4.22 and $5.26 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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TLYS Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 5.70%. Further rise is indicated until a new top pivot has been found. Tilly's 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. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Tilly's 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 $6.64. On a fall, the stock will find some support from the short-term average at $5.67. 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 Tilly's Inc stock
Tilly's Inc finds support from accumulated volume at $5.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.420 between high and low, or 7.72%. For the last week, the stock has had daily average volatility of 5.61%.
Tilly's Inc is oversold on RSI14 (18). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (TLYS) For The Upcoming Trading Day Of Monday 22nd
For the upcoming trading day on Monday, 22nd we expect Tilly's Inc to open at $5.68, and during the day (based on 14 day Average True Range), to move between $5.49 and $6.01, which gives a possible trading interval of +/-$0.260 (+/-4.52%) up or down from last closing price. If Tilly's Inc takes out the full calculated possible swing range there will be an estimated 9.03% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $5.84 (1.57%) than the support at $5.61 (2.43%), 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 Tilly's Inc stock A Buy?
Tilly's 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: -1.582 Sell Candidate Unchanged
Predicted Opening Price for Tilly's Inc of Monday, April 22, 2024
| Fair opening price April 22, 2024 | Current price |
|---|---|
| $5.68 ( 1.16%) | $5.75 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for TLYS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.10 | 6.14 % | |
| R2 | 5.94 | 3.35 % | ||
| R1 | 5.84 | 1.63 % | ||
| Current price: | 5.75 | |||
| Support | S1 | 5.52 | -3.95 % | |
| S2 | 5.42 | -5.67 % | ||
| S3 | 5.26 | -8.46 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 6.93 | 20.52 % | |
| R2 | 6.80 | 18.26 % | ||
| R1 | 5.84 | 1.57 % | ||
| Current price | 5.75 | |||
| Support | S1 | 5.61 | -2.43% | |
| S2 | 5.58 | -2.96% | ||
| S3 | 5.44 | -5.39% |
TLYS Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 19, 2021 | Dec 06, 2021 | Dec 15, 2021 | $1.00 | 6.62% |
| 2 | Jun 09, 2021 | Jun 24, 2021 | Jul 09, 2021 | $1.00 | 6.39% |
| 3 | Jan 24, 2020 | Feb 11, 2020 | Feb 26, 2020 | $1.00 | 15.41% |
| 4 | Feb 01, 2019 | Feb 14, 2019 | Feb 27, 2019 | $1.00 | 8.38% |
| 5 | Jan 25, 2018 | Feb 08, 2018 | Feb 20, 2018 | $1.00 | 7.57% |
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