TIDEWATER INC (TDW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TDW - US88642R1095 - Common Stock
We assign a technical rating of 3 out of 10 to TDW. TDW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of TDW is bad and it also does not present a quality setup 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 4 important areas.
- Support @51.83 from a trend line in the daily time frame.
- Support @50.24 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 58.78 to 59.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for TDW is neutral. |
| ChartMill Relative Strength | 46.57 | NEUTRAL | TDW is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of TDW is below a declining 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) | 43.56 | NEUTRAL | The RSI value for TDW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests TDW has a negative trend. |
| Stochastics (14,3) | 47.82 | NEUTRAL | The Stochastics value for TDW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for TDW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.97 | NEUTRAL | The ADX value for TDW suggests a possible start of a new trend. |
52.79
-3.69 (-6.53%)
TIDEWATER INC / TDW FAQ
What is the ChartMill technical rating of TIDEWATER INC (TDW) stock?
ChartMill assigns a technical rating of 3 / 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 43.5633. 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 51.83 and a resistance level at 58.78. Check the full technical report for our detailed analysis of TDW support and resistance levels.