Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TENK will decline by -24.59% over the next 2 Weeks and hit $30.54 by Monday, August 26, 2024. In that time frame, TENK's share price is expected to range between $19.58 and $41.46.
BearishAverageBullishTENK shares rose +8.00% in Wednesday, August 7, 2024's trading session, rising from a previous close of $37.50 to move at $40.50. The stock demonstrated notable intraday movement (see TENK's key stats for a full breakdown), fluctuating between $34.00 and $47.00, a +38.23% trading range. While recent weeks have seen some volatility, TENK has managed to secure a +254.02% gain over the past 2 weeks. The upward price movement was accompanied by remained steady trading volume, with approximately 0 shares changing hands, 0 fewer than the previous session. This amounted to $0.00 in total market activity.
Will TENK Continue Its Upward Trend?
According to analyst ratings and projections for TENK, TenX Keane Acquisition Ordinary Share shares are anticipated to increase by +1.11%, potentially reaching $40.95 per share by August 26, 2024. Short-term technical indicators currently suggest a bearish sentiment for TENK. However, the stock has recorded 16 positive trading days within the past 30 sessions. Based on the TENK stock forecast, now is a good time to buy TENK stock because its current trading price is +32.61% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on TENK covering social and institutional perspectives.
TENK Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TENK's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 97.80% to 98.30%) indicate the stock is in a strong bullish momentum phase. The 50-day RSI, at 97.34%, indicates significant medium-term strength. Additionally, the 100-day RSI, at 97.03%, indicates a bearish outlook for the long term. Insights into TENK's shareholder base show how institutional investors are positioning themselves during these momentum shifts
TenX Keane Acquisition Ordinary Share Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, TenX Keane Acquisition Ordinary Share (TENK) is positioned to show a strong performance in September 2024. The price is predicted to move between $13.96 and $17.12, settling at an average of $15.53. This could translate to a -61.65% loss.
October 2024
Based on current market signals, TenX Keane Acquisition Ordinary Share is projected to trend october 2024. We forecast a trading range from $11.80 to $17.42, with a likely average price of $15.71. Investors could expect a potential return of -61.21%.
November 2024
Our predictive algorithms indicate TenX Keane Acquisition Ordinary Share stock may see a shift in November 2024. The expected range spans $14.86–$17.90, with an average target of $16.24. This represents a cautious outlook and a possible loss of -59.90%.
December 2024
Analyzing established trends, TenX Keane Acquisition Ordinary Share looks set to move in December 2024. Projections place the stock between $13.82 and $20.42, averaging around $16.27. This suggests a -59.83% loss from current levels.
January 2025
Market indicators suggest TenX Keane Acquisition Ordinary Share could experience notable changes during January 2025. Prices could fluctuate within $15.78 to $23.43, with a midpoint forecast of $18.81. The stock might deliver a -53.56% loss.
February 2025
Forecasting for February 2025, models estimate that TenX Keane Acquisition Ordinary Share may undergo key fluctuations. If trends hold, the stock might trade between $16.41 and $19.53, averaging $18.00. This signals a cautious trajectory with potential returns around -55.56%.
March 2025
According to our latest forecast models, TenX Keane Acquisition Ordinary Share (TENK) is positioned to show a strong performance in March 2025. The price is predicted to move between $16.61 and $19.80, settling at an average of $18.36. This could translate to a -54.67% loss.
April 2025
Based on current market signals, TenX Keane Acquisition Ordinary Share is projected to trend april 2025. We forecast a trading range from $17.14 to $20.37, with a likely average price of $18.74. Investors could expect a potential return of -53.73%.
May 2025
Our predictive algorithms indicate TenX Keane Acquisition Ordinary Share stock may see a shift in May 2025. The expected range spans $16.01–$23.18, with an average target of $18.84. This represents a cautious outlook and a possible loss of -53.48%.
June 2025
Analyzing established trends, TenX Keane Acquisition Ordinary Share looks set to move in June 2025. Projections place the stock between $17.88 and $26.47, averaging around $21.38. This suggests a -47.21% loss from current levels.
July 2025
Market indicators suggest TenX Keane Acquisition Ordinary Share could experience notable changes during July 2025. Prices could fluctuate within $18.65 to $22.17, with a midpoint forecast of $20.45. The stock might deliver a -49.51% loss.
August 2025
Forecasting for August 2025, models estimate that TenX Keane Acquisition Ordinary Share may undergo key fluctuations. If trends hold, the stock might trade between $19.04 and $22.17, averaging $20.74. This signals a cautious trajectory with potential returns around -48.79%.
TENK's history of dividends and stock splits also plays a role in long-term investor confidence.