NYSE trade advice (A): US marine transportation stock | 10-12% gain | USA stock trading idea on 11 Jun 2024

Date
June 11, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Stock Trading Advice in USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Tidewater
  • 100 – 104
  • 113 – 116
  • Below 94
  • 10% – 12%
  • 14 - 15 Days
  • Buy
    Tidewater
  • Buy
    Range
    100 – 104
  • Target
    113 – 116
  • Stoploss
    Below 94
  • Upside
    Potential
    10% – 12%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Tidewater (NYSE: TDW) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • TDW
  • Tidewater
  • Marine Transportation
  • 111.42
  • 42.62
  • NYSE code TDW
  • Stock Name Tidewater
  • Sector Marine Transportation
  • 52 Weeks High 111.42
  • 52 Weeks Low 42.62
  • Tidewater (NYSE: TDW) vs NYSE - Relative Strength Comparison

    The image compares Tidewater's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    TDW —   NYSE —

  • Tidewater (NYSE: TDW) - Technical Analysis (Daily)

    Tidewater - Technical Analysis chart on Daily Price and Volume
    Tidewater - Technical Analysis chart on Daily Price and Volume

    • After surpassing the previous resistance level, the price embarked on an upward trajectory.
    • Following a significant surge to nearly the 111 level, the price experienced a brief correction.
    • Currently, the price is trading at its All Time High, fuelled by a robust breakout.
    • The prevailing sentiment will remain optimistic as long as the price remains above the 100 level.
  • Tidewater (NYSE: TDW) - EMA Crossover

    Tidewater stock analysis based on EMA Crossover
    Tidewater - EMA Crossover

    • The short length moving average (10 EMA) is about to cross the long length moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Tidewater (NYSE: TDW) - ADX & DI Indicator

    Tidewater stock analysis based on ADX & DI Indicator
    Tidewater - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Tidewater (NYSE: TDW) - OBV Indicator

    Tidewater stock analysis based on OBV Indicator
    Tidewater - OBV Indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - Tidewater (NYSE: TDW) Stock Price Forecast

    Based on our short term trading signals for US stocks, Tidewater stock price target will be USD 113 - USD 116 in the next 14-15 trading sessions.

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    Stoploss reached. Trade closed.

    7 days
    25 Jun 2024
    11 Jun 2024
    Loss per
    100,000 SAR
    7 days
    -6,000
    Stop-loss
    25 Jun 2024
    94
    Buy Advice
    11 Jun 2024
    100 – 104
    Target 1
    113
    Target 2
    116
    Profit per
    100,000 SAR
    -6,000
    94
    100 – 104
    113
    116
    7 days
    25 Jun 2024
    11 Jun 2024
    Loss per
    100,000 SAR
    7 days
    -6,000
    Stop-loss
    25 Jun 2024
    94
    Buy Advice
    11 Jun 2024
    100 – 104
    Target 1
    113
    Target 2
    116
    Profit per
    100,000 SAR
    -6,000
    94
    100 – 104
    113
    116
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Tidewater
  • 100 – 104
  • 113 – 116
  • Below 94
  • 10% – 12%
  • 14 - 15 Days
  • Buy Tidewater
  • Buy
    Range
    100 – 104
  • Target 113 – 116
  • Stoploss Below 94
  • Upside
    Potential
    10% – 12%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Tidewater
  • 100 – 104
  • 113 – 116
  • Below 94
  • 10% – 12%
  • 14 - 15 Days
  • Buy
    Tidewater
  • Buy
    Range
    100 – 104
  • Target
    113 – 116
  • Stoploss
    Below 94
  • Upside
    Potential
    10% – 12%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tidewater (NYSE: TDW) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • TDW
  • Tidewater
  • Marine Transportation
  • 111.42
  • 42.62
  • NYSE code TDW
  • Stock Name Tidewater
  • Sector Marine Transportation
  • 52 Weeks High 111.42
  • 52 Weeks Low 42.62
  • Company profile

    Tidewater is a renowned name in the maritime industry, primarily known for its offshore service vessels. Established in 1955, Tidewater has been a prominent player in providing support services to the offshore energy industry, including oil and gas exploration and production. The company operates a fleet of vessels that cater to various needs such as transportation, towing, anchor handling, and platform supply.

    Over the years, Tidewater has expanded its operations globally, serving clients in different regions where offshore energy activities are prevalent. The company has earned a reputation for its commitment to safety, reliability, and efficiency in delivering its services.

  • Tidewater (NYSE: TDW) vs NYSE - Relative Strength Comparison

    The image compares Tidewater's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    TDW —   NYSE —

  • Tidewater (NYSE: TDW) - Technical Analysis (Daily)

    Tidewater - Technical Analysis chart on Daily Price and Volume
    Tidewater - Technical Analysis chart on Daily Price and Volume

    • After surpassing the previous resistance level, the price embarked on an upward trajectory.
    • Following a significant surge to nearly the 111 level, the price experienced a brief correction.
    • Currently, the price is trading at its All Time High, fuelled by a robust breakout.
    • The prevailing sentiment will remain optimistic as long as the price remains above the 100 level.
  • Tidewater (NYSE: TDW) - EMA Crossover

    Tidewater stock analysis based on EMA Crossover
    Tidewater - EMA Crossover

    • The short length moving average (10 EMA) is about to cross the long length moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Tidewater (NYSE: TDW) - ADX & DI Indicator

    Tidewater stock analysis based on ADX & DI Indicator
    Tidewater - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Tidewater (NYSE: TDW) - OBV Indicator

    Tidewater stock analysis based on OBV Indicator
    Tidewater - OBV Indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - Tidewater (NYSE: TDW) Stock Price Forecast

    Based on our short term trading signals for US stocks, Tidewater stock price target will be USD 113 - USD 116 in the next 14-15 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website