Should You Buy Tootsie Roll Industries Inc (TR) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Tootsie Roll Industries Inc (TR) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the financial performance shows modest growth, the technical indicators and options data do not suggest a strong entry point. Additionally, there are no significant positive catalysts or trading signals to support an immediate buy decision.
Technical Analysis
The MACD is positive but contracting, RSI is neutral at 55.19, and moving averages are converging, indicating no clear trend. The stock is trading near its pivot level of 37.342 with resistance at 37.999 and support at 36.685. Overall, the technical indicators suggest a neutral stance.