Technical Analysis:
Based on recent price action, TLN has shown significant volatility. The stock closed at $204.91 on Friday, marking a 1.53% gain after experiencing a sharp decline earlier in the week. The stock has fallen -13.49% over the past 10 trading days.
Support and Resistance Levels:
- Key support level: $204.42 (based on accumulated volume)
- Resistance levels: $215.74 and $228.20
Price Trend Analysis:
- The stock lies in the lower part of a strong rising trend
- A break below $202.20 could signal a slower rate of rising or potential trend shift
News Impact:
- Recent analyst coverage from Evercore ISI initiated with a Buy rating and $287 price target
- Strong consensus among analysts with a price target average of $269.50, indicating 23.17% upside potential
- Market cap currently stands at $1.8B with a P/E ratio of 11.71
Next Week Price Prediction:
Based on current technical indicators and market sentiment:
- Expected trading range: $224.73 to $290.46 with 90% probability
- Short-term upside potential: 11.14% over next 3 months
Buy/Sell Recommendation:
SELL recommendation based on:
- Multiple sell signals from both short and long-term Moving Averages
- A sell signal from the 3-month MACD indicator
- Recent double top formation identified on February 18, 2025, with target of $211.18
Target Price: $211.18 for next week, with potential further downside if broader market weakness continues.
The stock shows medium risk with average daily volatility of 8.36% over the past week. Traders should use tight stop-losses around $204.42 to manage risk.
Technical Analysis:
Based on recent price action, TLN has shown significant volatility. The stock closed at $204.91 on Friday, marking a 1.53% gain after experiencing a sharp decline earlier in the week. The stock has fallen -13.49% over the past 10 trading days.
Support and Resistance Levels:
- Key support level: $204.42 (based on accumulated volume)
- Resistance levels: $215.74 and $228.20
Price Trend Analysis:
- The stock lies in the lower part of a strong rising trend
- A break below $202.20 could signal a slower rate of rising or potential trend shift
News Impact:
- Recent analyst coverage from Evercore ISI initiated with a Buy rating and $287 price target
- Strong consensus among analysts with a price target average of $269.50, indicating 23.17% upside potential
- Market cap currently stands at $1.8B with a P/E ratio of 11.71
Next Week Price Prediction:
Based on current technical indicators and market sentiment:
- Expected trading range: $224.73 to $290.46 with 90% probability
- Short-term upside potential: 11.14% over next 3 months
Buy/Sell Recommendation:
SELL recommendation based on:
- Multiple sell signals from both short and long-term Moving Averages
- A sell signal from the 3-month MACD indicator
- Recent double top formation identified on February 18, 2025, with target of $211.18
Target Price: $211.18 for next week, with potential further downside if broader market weakness continues.
The stock shows medium risk with average daily volatility of 8.36% over the past week. Traders should use tight stop-losses around $204.42 to manage risk.