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 TDW
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Tidewater Inc stock downgraded to Buy Candidate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 21, 2024 Gain 31.32% PDF

The Tidewater Inc stock price fell by -0.217% on the last day (Thursday, 28th Mar 2024) from $92.20 to $92.00. During the last trading day the stock fluctuated 1.84% from a day low at $91.47 to a day high of $93.15. The price has risen in 7 of the last 10 days and is up by 7.87% over the past 2 weeks. Volume has increased on the last day by 411 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, 908 thousand shares were bought and sold for approximately $83.52 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $92.60 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 35.85% during the next 3 months and, with a 90% probability hold a price between $106.02 and $125.80 at the end of this 3-month period.

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TDW Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.217%. 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). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The Tidewater 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 $90.92 and $79.14. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Tidewater Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $81.99 and $80.09. 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, Tidewater Inc finds support just below today's level at $81.99. If this is broken, then the next support from accumulated volume will be at $80.09 and $79.32.

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 $1.68 between high and low, or 1.84%. For the last week, the stock has had daily average volatility of 2.47%.

The Tidewater Inc stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $89.70 (-2.50%) (This stock has high daily movements and this gives high risk. The RSI14 is 79 and this increases the risk substantially. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (TDW) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Tidewater Inc to open at $92.21, and during the day (based on 14 day Average True Range), to move between $88.97 and $95.03, which gives a possible trading interval of +/-$3.03 (+/-3.30%) up or down from last closing price. If Tidewater Inc takes out the full calculated possible swing range there will be an estimated 6.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $92.20 (0.22%) than the support at $81.99 (10.88%), 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 Tidewater 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 Tidewater Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 1.448 Buy Candidate Downgraded

Predicted Opening Price for Tidewater Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$92.21 ( 0.225%) $92.00

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

Trading levels for TDW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 93.89 2.05 %
R2 93.24 1.35 %
R1 92.85 0.92 %
Current price: 92.00
Support S1 91.56 -0.473 %
S2 91.17 -0.90 %
S3 90.53 -1.60 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 92.20 0.217 %
Current price 92.00
Support S1 81.99 -10.88%
S2 80.09 -12.95%
S3 79.32 -13.78%

TDW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 22, 2020 Dec 30, 2020 Jan 29, 2021 $0.0100 0.105%
2 Dec 28, 2017 Dec 28, 2017 Dec 28, 2017 $0.0100 0.0400%
3 Nov 12, 2015 Dec 02, 2015 Dec 15, 2015 $8.06 3.65%
4 Jul 31, 2015 Sep 02, 2015 Sep 15, 2015 $8.06 1.55%
5 May 15, 2015 Jun 03, 2015 Jun 15, 2015 $8.06 1.08%

FAQ

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

Should I buy or sell Tidewater 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 Tidewater Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Tidewater Inc Stock?
Tidewater 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 Tidewater Inc Stock.

What's the current price of Tidewater Inc Stock?
As of the end of day on the 2024-03-28, the price of an Tidewater Inc (TDW) share was $92.00.

What is the 52-week high and low for Tidewater Inc Stock?
The 52-week high for Tidewater Inc Stock is $93.15 and the 52-week low is $39.45.

What is the market capitalization of Tidewater Inc Stock?
As of the 2024-03-28, the market capitalization of Tidewater Inc is 4.809B.

When is the next earnings date for Tidewater Inc?
The upcoming earnings date for Tidewater Inc is May 13, 2024.
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