Stock Price Prediction

TDW Stock Price Prediction and Recommendation

Technical Analysis:

The stock price of Tidewater Inc. (TDW) closed at $43.15 on March 7, 2025, with a 5.24% increase during the trading day. The stock showed significant volatility, fluctuating between $41.50 and $44.78. The Relative Strength Index (RSI) is at 34.96, indicating oversold conditions, which could signal a potential rebound. However, the Moving Average Convergence Divergence (MACD) remains negative, suggesting bearish momentum.

News and Sentiment Analysis:

Recent earnings reports showed that Tidewater missed analyst estimates, leading to a 9.6% drop in stock price. Analysts have revised their forecasts downward, with the consensus price target falling to $72.86 from $95.00. Despite this, some analysts maintain a Moderate Buy rating, while others have downgraded their outlook.

Fibonacci and Resistance Levels:

The stock is currently testing the lower end of a falling trend. If the stock breaks below $40.42, it could indicate a stronger downward trend. Resistance levels at $49.49 and $52.40 could pose challenges for any upward movement.

Price Prediction:

Based on the technical indicators and recent news, the stock is expected to trade between $38.05 and $52.11 over the next three months. For the upcoming trading week, the stock is likely to test the lower support levels, with a potential short-term bounce.

Recommendation:

Given the current technical and fundamental analysis, it is recommended to sell Tidewater Inc. (TDW) stock if it tests the upper resistance levels around $49.49 or $52.40. The overall trend remains bearish, and investors should exercise caution.