TIDEWATER INC (TDW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDW - US88642R1095 - Common Stock
Overall TDW gets a technical rating of 2 out of 10. TDW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TDW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.42. Right above this resistance zone may be a good entry point.
More info and screens
45.86
5 important support areas can be observed.
- A support zone ranging from 53.06 to 53.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.27 from a trend line in the weekly time frame.
- Support @49.97 from a trend line in the daily time frame.
- A support zone ranging from 47.28 to 47.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.32 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 58.42 to 58.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 60.00 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 | NEUTRAL | NEUTRAL | The short term trend for TDW is neutral. |
| ChartMill Relative Strength | 34.45 | 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) | DOWN | MIXED | The current price of TDW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TDW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.25 | NEUTRAL | The RSI value for TDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TDW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.06 | NEUTRAL | The Stochastics value for TDW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for TDW suggests high volalility. |
| Average Directional Index/ADX (14) | 31.12 | POSITIVE | The high ADX value value for TDW suggests a strong trend. |
53.75
+1.35 (+2.58%)
TIDEWATER INC / TDW FAQ
What is the ChartMill technical rating of TIDEWATER INC (TDW) stock?
ChartMill assigns a technical rating of 2 / 10 to TDW.
What is the current trend direction of TIDEWATER INC (TDW) stock?
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 50.2482. This indicates that the stock is currently neutral.
What are the support and resistance levels for TIDEWATER INC (TDW) stock?
TIDEWATER INC (TDW) has a support level at 53.29 and a resistance level at 58.42. Check the full technical report for our detailed analysis of TDW support and resistance levels.