Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TCN will rise by +3.08% over the next 2 Weeks and hit $11.60 by Wednesday, May 15, 2024. In that time frame, TCN's share price is expected to range between $11.47 and $11.72.
BearishAverageBullishTCN shares rose +0.18% in Wednesday, May 1, 2024's trading session, rising from a previous close of $11.23 to move at $11.25. The stock demonstrated notable intraday movement (see TCN's key stats for a full breakdown), fluctuating between $11.23 and $11.25, a +0.18% trading range. While recent weeks have seen some volatility, TCN has managed to secure a +1.72% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 36.62M shares changing hands, 29.92M more than the previous session. This amounted to $412.00M in total market activity.
Will TCN Continue Its Upward Trend?
According to analyst ratings and projections for TCN, Tricon Residential Inc. shares are anticipated to increase by +4.06%, potentially reaching $11.73 per share by May 15, 2024. Short-term technical indicators currently suggest a neutral sentiment for TCN. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 11 positive trading days within the past 30 sessions. Based on the TCN stock forecast, now is a good time to buy TCN stock because its current trading price is -2.99% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on TCN covering social and institutional perspectives.
TCN Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TCN's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 64.76% to 71.03%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 63.86%, suggests strong medium-term momentum. Additionally, the 100-day RSI, at 59.29%, maintains a neutral outlook for the long term. Insights into TCN's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Tricon Residential Inc. Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Tricon Residential Inc. (TCN) is positioned to show a strong performance in September 2024. The price is predicted to move between $17.72 and $22.33, settling at an average of $20.43. This could translate to a +81.60% gain.
October 2024
Based on current market signals, Tricon Residential Inc. is projected to trend october 2024. We forecast a trading range from $16.49 to $21.45, with a likely average price of $19.15. Investors could expect a potential return of +70.22%.
November 2024
Our predictive algorithms indicate Tricon Residential Inc. stock may see a shift in November 2024. The expected range spans $16.22–$25.80, with an average target of $20.24. This represents a positive outlook and a possible gain of +79.91%.
December 2024
Analyzing established trends, Tricon Residential Inc. looks set to move in December 2024. Projections place the stock between $18.83 and $29.76, averaging around $23.41. This suggests a +108.09% gain from current levels.
January 2025
Market indicators suggest Tricon Residential Inc. could experience notable changes during January 2025. Prices could fluctuate within $19.45 to $37.22, with a midpoint forecast of $25.65. The stock might deliver a +128.00% gain.
February 2025
Forecasting for February 2025, models estimate that Tricon Residential Inc. may undergo key fluctuations. If trends hold, the stock might trade between $23.80 and $40.01, averaging $30.80. This signals a positive trajectory with potential returns around +173.78%.
March 2025
According to our latest forecast models, Tricon Residential Inc. (TCN) is positioned to show a strong performance in March 2025. The price is predicted to move between $21.97 and $40.89, settling at an average of $30.55. This could translate to a +171.56% gain.
April 2025
Based on current market signals, Tricon Residential Inc. is projected to trend april 2025. We forecast a trading range from $20.99 to $40.89, with a likely average price of $29.08. Investors could expect a potential return of +158.49%.
May 2025
Our predictive algorithms indicate Tricon Residential Inc. stock may see a shift in May 2025. The expected range spans $21.14–$38.75, with an average target of $28.14. This represents a positive outlook and a possible gain of +150.13%.
TCN's history of dividends and stock splits also plays a role in long-term investor confidence.