Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TBLTW will decline by -54.46% over the next 2 Weeks and hit $0.00 by Thursday, November 23, 2023. In that time frame, TBLTW's share price is expected to range between $0.00 and $0.01.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 23, 2023 | 0.00 | 0.00 | 0.01 |
| Nov 22, 2023 | 0.00 | 0.01 | 0.02 |
| Nov 21, 2023 | 0.00 | 0.01 | 0.02 |
| Nov 20, 2023 | 0.00 | 0.01 | 0.01 |
| Nov 17, 2023 | 0.01 | 0.01 | 0.02 |
| Nov 16, 2023 | 0.00 | 0.01 | 0.01 |
| Nov 15, 2023 | 0.01 | 0.01 | 0.02 |
| Nov 14, 2023 | 0.00 | 0.01 | 0.02 |
| Nov 13, 2023 | 0.00 | 0.01 | 0.02 |
| Nov 10, 2023 | 0.01 | 0.02 | 0.02 |
| Nov 9, 2023 | 0.00 | 0.01 | 0.02 |
| Nov 8, 2023 | 0.01 | 0.02 | 0.02 |
| Nov 7, 2023 | 0.01 | 0.01 | 0.02 |
| Nov 6, 2023 | 0.00 | 0.01 | 0.02 |
TBLTW shares rose +1.00% in Thursday, November 9, 2023's trading session, rising from a previous close of $0.01 to move at $0.01. The stock demonstrated notable intraday movement (see TBLTW's key stats for a full breakdown), fluctuating between $0.01 and $0.01, a +27.72% trading range. While recent weeks have seen some volatility, TBLTW has managed to secure a -11.40% drop over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 37.35K shares changing hands, 7.04K fewer than the previous session. This amounted to $377.20 in total market activity.
Will TBLTW Continue Its Upward Trend?
According to analyst ratings and projections for TBLTW, ToughBuilt Industries, Inc. WT EXP 110923 shares are anticipated to increase by +16.96%, potentially reaching $0.01 per share by November 23, 2023. Short-term technical indicators for TBLTW currently suggest a bearish sentiment. This aligns with the stock's recent performance, as it has recorded 16 negative trading days within the past 30 sessions. Based on the TBLTW stock forecast, now is a good time to buy TBLTW stock because its current trading price is +119.57% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on TBLTW covering social and institutional perspectives.
TBLTW Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TBLTW's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 43.31% to 45.78%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 45.76%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 46.68%, maintains a neutral outlook for the long term. Insights into TBLTW's shareholder base show how institutional investors are positioning themselves during these momentum shifts