Following these proceedings, The Benchmark Company initiated its Tetra Technologies, Inc [TTI] rating to a Buy in a research note published on September 28, 2023; the price target was $8. A number of analysts have revised their coverage, including Johnson Rice’s analysts, who increased its forecast for the stock in late June from “a Hold” to “a Buy”. Stifel also remained covering TTI and has increased its forecast on February 03, 2021 with a “Buy” recommendation from previously “Hold” rating. Evercore ISI revised its rating on February 02, 2021. It rated TTI as “an Outperform” which previously was an “an Underperform”.
Price Performance Review of TTI
On Friday, Tetra Technologies, Inc [NYSE:TTI] saw its stock fall -1.20% to $4.92. Over the last five days, the stock has gained 26.48%. Tetra Technologies, Inc shares have risen nearly 37.43% since the year began. Nevertheless, the stocks have risen 20.88% over the past one year. While a 52-week high of $5.08 was reached on 01/17/25, a 52-week low of $2.68 was recorded on 01/02/25. SMA at 50 days reached $3.84, while 200 days put it at $3.61.
Levels Of Support And Resistance For TTI Stock
The 24-hour chart illustrates a support level at 4.79, which if violated will result in even more drops to 4.65. On the upside, there is a resistance level at 5.09. A further resistance level may holdings at 5.25. The Relative Strength Index (RSI) on the 14-day chart is 80.58, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.49%. Stochastics %K at 95.05% indicates the stock is a selling.
How much short interest is there in Tetra Technologies, Inc?
A steep rise in short interest was recorded in Tetra Technologies, Inc stocks on 2024-12-31, growing by 8053.0 shares to a total of 2.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.92 million shares. There was a rise of 0.27%, which implies that there is a positive sentiment for the stock.
