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 TKR
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Timken Company (The) stock price ended at $87.43 on Thursday, after losing 0.81%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 22, 2024 Gain 8.43% PDF

The Timken Company (The) stock price fell by -0.81% on the last day (Thursday, 28th Mar 2024) from $88.14 to $87.43. During the last trading day the stock fluctuated 1.07% from a day low at $87.29 to a day high of $88.23. The price has fallen in 6 of the last 10 days but is still up by 2.34% over the past 2 weeks. Volume has increased on the last day by 21 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, 373 thousand shares were bought and sold for approximately $32.64 million.

The stock lies in the middle of a 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 11.58% during the next 3 months and, with a 90% probability hold a price between $93.58 and $100.45 at the end of this 3-month period.

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TKR Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -2.05%. 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 Timken Company (The) 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 $87.37 and $84.18. A breakdown below any of these levels will issue sell signals. The stock had a Golden Star Signal on Tuesday, April 18, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, April 18, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Timken Company (The) stock

Timken Company (The) finds support from accumulated volume at $85.92 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.94 between high and low, or 1.07%. For the last week the stock has had daily average volatility of 1.58%.

Our recommended stop-loss: $84.34 (-3.54%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Timken Company (The) to open at $87.65, and during the day (based on 14 day Average True Range), to move between $85.70 and $89.16, which gives a possible trading interval of +/-$1.73 (+/-1.98%) up or down from last closing price. If Timken Company (The) takes out the full calculated possible swing range there will be an estimated 3.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $87.60 (0.19%) than the support at $85.92 (1.73%), 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 Timken Company (The) 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 Timken Company (The) stock to perform well in the short-term.

Current score: 1.195 Buy Candidate Unchanged

Predicted Opening Price for Timken Company (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$87.65 ( 0.251%) $87.43

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

Trading levels for TKR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 88.59 1.32 %
R2 88.23 0.91 %
R1 88.01 0.660 %
Current price: 87.43
Support S1 87.29 -0.159 %
S2 87.07 -0.412 %
S3 86.71 -0.82 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 89.26 2.09 %
R2 88.14 0.81 %
R1 87.60 0.194 %
Current price 87.43
Support S1 85.92 -1.73%
S2 83.54 -4.45%
S3 82.10 -6.10%

TKR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 08, 2024 Feb 16, 2024 Mar 06, 2024 $0.330 0.388%
2 Nov 03, 2023 Nov 13, 2023 Nov 29, 2023 $0.330 0.452%
3 Aug 02, 2023 Aug 14, 2023 Aug 28, 2023 $0.330 0.437%
4 May 05, 2023 May 15, 2023 May 30, 2023 $0.330 0.444%
5 Feb 10, 2023 Feb 17, 2023 Mar 06, 2023 $0.310 0.354%

FAQ

What is the symbol for Timken Company (The) Stock and on which exchange is it traded?
The symbol for Timken Company (The) is TKR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Timken Company (The) 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 Timken Company (The) stock to perform well in the short-term.

How to buy Timken Company (The) Stock?
Timken Company (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 Timken Company (The) Stock.

What's the current price of Timken Company (The) Stock?
As of the end of day on the 2024-03-28, the price of an Timken Company (The) (TKR) share was $87.43.

What is the 52-week high and low for Timken Company (The) Stock?
The 52-week high for Timken Company (The) Stock is $95.08 and the 52-week low is $65.71.

What is the market capitalization of Timken Company (The) Stock?
As of the 2024-03-28, the market capitalization of Timken Company (The) is 6.132B.

When is the next earnings date for Timken Company (The)?
The upcoming earnings date for Timken Company (The) is May 01, 2024.
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About Timken Company (The)

Timken Company (The) The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to or... TKR Profile

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