Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TGH will rise by +0.29% over the next 2 Weeks and hit $50.14 by Wednesday, March 27, 2024. In that time frame, TGH's share price is expected to range between $48.24 and $52.00.
BearishAverageBullishTGH shares rose +0.04% in Wednesday, March 13, 2024's trading session, rising from a previous close of $49.97 to move at $49.99. The stock demonstrated notable intraday movement (see TGH's key stats for a full breakdown), fluctuating between $49.97 and $49.99, a +0.04% trading range. While recent weeks have seen some volatility, TGH has managed to secure a +0.18% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 537.8K shares changing hands, 85.32K more than the previous session. This amounted to $26.88M in total market activity.
Will TGH Continue Its Upward Trend?
According to analyst ratings and projections for TGH, Textainer Group Holdings Limited shares are anticipated to increase by +4.06%, potentially reaching $52.10 per share by March 27, 2024. Short-term technical indicators currently suggest a neutral sentiment for TGH. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 17 positive trading days within the past 30 sessions. Based on the TGH stock forecast, now is a good time to buy TGH stock because its current trading price is -0.29% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on TGH covering social and institutional perspectives.
TGH Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TGH's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 62.77% to 65.63%) suggest the stock is in a bullish momentum phase. The 50-day RSI, at 64.83%, suggests strong medium-term momentum. Additionally, the 100-day RSI, at 61.00%, points to growing bullish momentum over the long term. Insights into TGH's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Textainer Group Holdings Limited Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Textainer Group Holdings Limited (TGH) is positioned to show a strong performance in September 2024. The price is predicted to move between $77.83 and $82.98, settling at an average of $80.40. This could translate to a +60.83% gain.
October 2024
Based on current market signals, Textainer Group Holdings Limited is projected to trend october 2024. We forecast a trading range from $77.60 to $84.28, with a likely average price of $81.35. Investors could expect a potential return of +62.73%.
November 2024
Our predictive algorithms indicate Textainer Group Holdings Limited stock may see a shift in November 2024. The expected range spans $81.17–$88.75, with an average target of $85.18. This represents a positive outlook and a possible gain of +70.39%.
December 2024
Analyzing established trends, Textainer Group Holdings Limited looks set to move in December 2024. Projections place the stock between $84.96 and $91.33, averaging around $88.27. This suggests a +76.58% gain from current levels.
January 2025
Market indicators suggest Textainer Group Holdings Limited could experience notable changes during January 2025. Prices could fluctuate within $87.30 to $99.40, with a midpoint forecast of $93.70. The stock might deliver a +87.44% gain.
February 2025
Forecasting for February 2025, models estimate that Textainer Group Holdings Limited may undergo key fluctuations. If trends hold, the stock might trade between $95.99 and $101.52, averaging $98.79. This signals a positive trajectory with potential returns around +97.62%.
March 2025
According to our latest forecast models, Textainer Group Holdings Limited (TGH) is positioned to show a strong performance in March 2025. The price is predicted to move between $96.30 and $101.27, settling at an average of $98.98. This could translate to a +98.00% gain.
TGH's history of dividends and stock splits also plays a role in long-term investor confidence.