Meanwhile, Jefferies downgraded its TCTM Kids IT Education Inc. ADR [TCTM] rating to an Underperform from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Credit Suisse’s analysts, who decreased its forecast for the stock in early June from “an Outperform” to “a Neutral”. CLSA also remained covering TCTM and has increased its forecast on April 04, 2018 with a “Buy” recommendation from previously “an Outperform” rating. Nomura revised its rating on August 22, 2017. It rated TCTM as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TCTM
On Friday, TCTM Kids IT Education Inc. ADR [NASDAQ:TCTM] saw its stock jump 329.82% to $0.78. Over the last five days, the stock has gained 138.85%. TCTM Kids IT Education Inc. ADR shares have risen nearly 8.02% since the year began. Nevertheless, the stocks have fallen -24.33% over the past one year. While a 52-week high of $2.99 was reached on 01/31/25, a 52-week low of $0.18 was recorded on 01/30/25. SMA at 50 days reached $0.6767, while 200 days put it at $1.1275.
Levels Of Support And Resistance For TCTM Stock
The 24-hour chart illustrates a support level at 0.3256. On the upside, there is a resistance level at 1.2856. A further resistance level may holdings at 1.7928. The Relative Strength Index (RSI) on the 14-day chart is 62.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0348, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.21%. Stochastics %K at 18.22% indicates the stock is a buying.
How much short interest is there in TCTM Kids IT Education Inc. ADR?
A steep rise in short interest was recorded in TCTM Kids IT Education Inc. ADR stocks on 2024-12-31, growing by 95519.0 shares to a total of 0.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 54995.0 shares. There was a rise of 63.46%, which implies that there is a positive sentiment for the stock.
