TIDEWATER INC (TDW) Stock Technical Analysis
NYSE:TDW • US88642R1095
Taking everything into account, TDW scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TDW is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by TDW, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month TDW has a been trading in the 59.57 - 74.21 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that TDW is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- TDW is an average performer in the Energy Equipment & Services industry, it outperforms 64% of 60 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TDW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
45.86
We found 5 important support areas.
- A support zone ranging from 66.22 to 67.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.58 to 53.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.04 from a trend line in the weekly time frame.
- Support @47.53 from a horizontal line in the daily time frame.
- Support @46.32 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TDW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDW is up. |
| ChartMill Relative Strength | 89.19 | POSITIVE | TDW has a high relative strength, it outperformed 89.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TDW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.19 | NEUTRAL | The RSI value for TDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests TDW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.94 | OVERBOUGHT | The high Stochastics value suggests TDW may be overbought. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for TDW suggests some volalility. |
| Average Directional Index/ADX (14) | 31.92 | POSITIVE | The high ADX value value for TDW suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.22 | 62.81 | 11.41 (15.37%) | 6.51% |
| An entry @74.22. This is a Buy Stop order right above the 10 day high. | An exit @62.81. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.41 points, which is 15.37%. | For a 1.00% total portfolio risk, you can invest 6.51% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
73.38
-0.47 (-0.64%)
TIDEWATER INC / TDW FAQ
What is the ChartMill technical rating of TIDEWATER INC (TDW) stock?
ChartMill assigns a technical rating of 9 / 10 to TDW.
Can you provide the trend direction for TIDEWATER INC?
The current trend direction for TIDEWATER INC (TDW) is Bullish.
What is the RSI signal for TDW stock?
TIDEWATER INC (TDW) has an RSI value of 69.1865. This indicates that the stock is currently neutral.
What is the MACD signal for TDW stock?
The MACD indicator for TIDEWATER INC (TDW) has a value of 0.442923, indicating a bearish trend.
What are the support and resistance levels for TIDEWATER INC (TDW) stock?
TIDEWATER INC (TDW) has a support level at 67.58. Check the full technical report for our detailed analysis of TDW support and resistance levels.