TIDEWATER INC (TDW)

US88642R1095 - Common Stock

108.11  +1.56 (+1.46%)

After market: 109.01 +0.9 (+0.83%)

Technical Rating and Analysis

10

Taking everything into account, TDW scores 10 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.
Looking at the yearly performance, TDW did better than 97% of all other stocks. We also observe that the gains produced by TDW over the past year are nicely spread over this period.
TDW is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 98% of 65 stocks in the same industry.
TDW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
TDW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
TDW Weekly chart
TDW Daily chart
Setup Rating and Analysis

6

TDW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 105.33, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

68.26

109.92

We found 5 important support areas.

  • A support zone ranging from 103.26 to 105.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @96.39 from a trend line in the daily time frame.
  • Support @79.61 from a trend line in the daily time frame.
  • Support @74.62 from a trend line in the weekly time frame.
  • Support @68.95 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 108.12 to 108.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.87
Mansfield3.65
10 Day High111.42
10 Day Low92
20 Day High111.42
20 Day Low87.57
52 Week High111.42
52 Week Low42.62
Performance
1 Week0.91%
2 Weeks18.26%
1 Month20.04%
3 Month59.08%
6 Month87.14%
12 Month139.98%
2 Year324.79%
3 Year685.68%
5 Year407.32%
10 Year-93.57%
15 Year-92.97%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.58
RSI(14)66.51
LBB89.28
UBB114.77
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
108.84103.255.59 (5.14%)19.47%
An entry @108.84. This is a Buy Stop order right above the resistance zone.An exit @103.25. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.59 points, which is 5.14%.For a 1.00% total portfolio risk, you can invest 19.47% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of TDW. Please evaluate whether better entry and exit points can be found.
  • 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.
TDW Daily chart

TIDEWATER INC

NYSE:TDW (5/15/2024, 7:11:42 PM)

After market: 109.01 +0.9 (+0.83%)

108.11

+1.56 (+1.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.46%
1 Week0.91%
2 Weeks18.26%
1 Month20.04%
3 Month59.08%
6 Month87.14%
12 Month139.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.26
ATR(20)%3.76%
ATR Inc
Range Today3.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High111.42
10 Day Low92
20 Day High111.42
20 Day Low87.57
52 Week High111.42
52 Week Low42.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume660.70K
Volume Incr2%
Vol(5)760.56K
Vol(50)808.71K