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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 TCS
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Volatile ride for Container Store (The) stock price on Friday moving between $0.86 and $0.95
(Updated on Apr 19, 2024)

Sell candidate since Apr 11, 2024 Loss -17.71% PDF

The Container Store (The) stock price fell by -6.54% on the last day (Friday, 19th Apr 2024) from $0.92 to $0.86. During the last trading day the stock fluctuated 10.35% from a day low at $0.86 to a day high of $0.95. The price has fallen in 7 of the last 10 days and is down by -21.45% for this period. Volume has increased on the last day by 132 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, 213 thousand shares were bought and sold for approximately $184.14 thousand.

The stock lies in the middle of a very 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 -39.39% during the next 3 months and, with a 90% probability hold a price between $0.304 and $0.612 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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TCS Signals & Forecast

There are few to no technical positive signals at the moment. The Container Store (The) 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 $0.95 and $1.10. 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 29, 2024, and so far it has fallen -37.39%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Container Store (The) 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 Container Store (The) 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.

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 $0.0890 between high and low, or 10.35%. For the last week, the stock has had daily average volatility of 10.15%.

Container Store (The) 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 (TCS) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Container Store (The) to open at $0.89, and during the day (based on 14 day Average True Range), to move between $0.779 and $0.95, which gives a possible trading interval of +/-$0.0851 (+/-9.85%) up or down from last closing price. If Container Store (The) takes out the full calculated possible swing range there will be an estimated 19.71% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.92, some $0.0512 (5.93%) from the current price of $0.86, our system finds the risk reward not very attractive.

Is Container Store (The) stock A Buy?

Container Store (The) 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: -5.972 Strong Sell Candidate Unchanged

Predicted Opening Price for Container Store (The) of Monday, April 22, 2024

Fair opening price April 22, 2024 Current price
$0.89 ( 3.13%) $0.86

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

Trading levels for TCS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.98 13.43 %
R2 0.95 9.49 %
R1 0.92 7.06 %
Current price: 0.86
Support S1 0.86 -0.81 %
S2 0.84 -3.24 %
S3 0.80 -7.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.05 21.53 %
R2 1.03 19.21 %
R1 0.92 5.93 %
Current price 0.86
Support S1 0 .
S2 0 .
S3 0 .

TCS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 26, 2020 Mar 26, 2020 Mar 26, 2020 $0.210 6.29%

FAQ

What is the symbol for Container Store (The) Stock and on which exchange is it traded?
The symbol for Container Store (The) is TCS and it is traded on the NYSE (New York Stock Exchange).

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

What's the current price of Container Store (The) Stock?
As of the end of day on the 2024-04-19, the price of an Container Store (The) (TCS) share was $0.86.

What is the 52-week high and low for Container Store (The) Stock?
The 52-week high for Container Store (The) Stock is $3.71 and the 52-week low is $0.85.

What is the market capitalization of Container Store (The) Stock?
As of the 2024-04-19, the market capitalization of Container Store (The) is 46.806M.

When is the next earnings date for Container Store (The)?
The upcoming earnings date for Container Store (The) is May 14, 2024.
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About Container Store (The)

Container Store (The) The Container Store Group, Inc. operates as a retailer of storage and organization products and solutions in the United States. The company operates in two segments, The Container Store and Elfa. It provides approximately 11,000 products designed to help customers. Its merchandise category includes custom closets, such as elfa Classic, elfa Decor, Laren, and Avera branded products, as well as closet lifestyle department and wood-based products; w... TCS Profile

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