TIDEWATER INC (TDW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDW - US88642R1095 - Common Stock
Taking everything into account, TDW scores 6 out of 10 in our technical rating. In the past year, TDW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TDW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TDW is lagging the market slightly.
- In the last month TDW has a been trading in the 49.54 - 59.84 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, TDW turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- TDW is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, TDW did better than 42% of them.
TDW has an average technical rating and also the quality of the setup is only medium 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
When analyzing the support we can see 7 important areas.
- Support @57.23 from a trend line in the weekly time frame.
- A support zone ranging from 53.42 to 54.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.67 to 51.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.32 to 50.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.05 from a trend line in the daily 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.
2 important resistance areas can be observed.
- Resistance @58.52 from a trend line in the daily time frame.
- A resistance zone ranging from 60.83 to 60.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for TDW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDW is up. |
| ChartMill Relative Strength | 69.12 | NEUTRAL | TDW is not amongst the best or worst performers 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) | 59.78 | NEUTRAL | The RSI value for TDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests TDW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.14 | OVERBOUGHT | The high Stochastics value suggests TDW may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TDW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for TDW suggests a strong trend. |
57.45
-0.91 (-1.56%)
TIDEWATER INC / TDW FAQ
What is the ChartMill technical rating of TIDEWATER INC (TDW) stock?
ChartMill assigns a technical rating of 6 / 10 to TDW.
Can you provide the trend direction for TIDEWATER INC?
The current trend direction for TIDEWATER INC (TDW) is Bearish.
What is the RSI signal for TDW stock?
TIDEWATER INC (TDW) has an RSI value of 59.7822. 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 0.714444, indicating a bearish trend.
What are the support and resistance levels for TIDEWATER INC (TDW) stock?
TIDEWATER INC (TDW) has a support level at 57.23 and a resistance level at 58.52. Check the full technical report for our detailed analysis of TDW support and resistance levels.