martes, 27 de mayo de 2014

Tidewater Inc. TDW. Stock analysis and Forecast. Last Price $50.19(+0.08%) 05-27-2014

Tidewater Inc. TDW. Stock analysis and Forecast. Last Price $50.19(+0.08%) 05-27-2014
Hi Everybody. Today this stock has drawn a doji star. So it´s probably that TDW will bounce in the next sesions.

Let´s see some fundamentals.
During 2013 the Sales growth was a +15.35%.
The average (4 years) was:+5.84%
On march the company reported an EPS=0.85 better than expected (0.61 was the forecast).
This stock has a P/E ratio of 17.67
Let´s see the chart.



Supports and resistances:
S1:$48.36 S2:$49.88 R1:$52.93 R2:$55.11
As you can see on the Chart, the price is moving inside an uptrend Channel.
Today, the curve has finished the Elliot´s waves flat pattern. And in the next sesion it´s probably the stock begin the 1st wave (uptrend serie. The last earnings report were great so in my opinion this stock will go up soon.
Let´s see some technicals.
The MACD is above zero and below the signal (very close).
The RSI is at 51%. Even with the fall of the last 3 sesions.
The stochastic is in the oversold zone and will bounce soon.
The buy range for this stock is [49.53;50.61]. Actually the stock is inside this range, so I recomend to buy it.
The actual targets are:
Tg1:$52.80 TG2:$53.85 TG ext:$56.01

And that´s all!. Please remember to click on some ads before you leave. It´s important to maintain this blog! Thank you. :)