TIDEWATER INC (TDW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDW - US88642R1095 - Common Stock
Taking everything into account, TDW scores 1 out of 10 in our technical rating. 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.
TDW has a poor technical rating and the quality of the setup is also not perfect 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.
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45.86
When analyzing the support we can see 3 important areas.
- Support @50.67 from a trend line in the daily time frame.
- A support zone ranging from 47.28 to 48.61. 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 4 important resistance areas.
- A resistance zone ranging from 52.99 to 53.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.64 to 57.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 58.92 to 59.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @60.83 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 | NEUTRAL | NEUTRAL | The long term trend for TDW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TDW is down. |
| ChartMill Relative Strength | 26.11 | NEGATIVE | TDW has a low relative strength, it was outperformed by 73.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TDW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TDW is below 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) | 40.5 | NEUTRAL | The RSI value for TDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests TDW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.9 | OVERSOLD | The low Stochastics value suggests TDW may be oversold. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TDW suggests some volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for TDW suggests a possible start of a new trend. |
50.78
-0.29 (-0.57%)
TIDEWATER INC / TDW FAQ
What is the ChartMill technical rating of TIDEWATER INC (TDW) stock?
ChartMill assigns a technical rating of 1 / 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 40.501. 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 50.67 and a resistance level at 52.99. Check the full technical report for our detailed analysis of TDW support and resistance levels.