- Naranj Research Desk
TDW —  NYSE —
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.
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.
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.
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.
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.
TDW —  NYSE —
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.
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.
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.
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.
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