Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TMST will rise by +8.31% over the next 2 Weeks and hit $22.09 by Tuesday, April 9, 2024. In that time frame, TMST's share price is expected to range between $21.64 and $22.56.
BearishAverageBullishTMST shares rose +1.04% in Monday, February 26, 2024's trading session, rising from a previous close of $20.19 to move at $20.40. The stock demonstrated notable intraday movement (see TMST's key stats for a full breakdown), fluctuating between $20.01 and $20.53, a +2.60% trading range. While recent weeks have seen some volatility, TMST has managed to secure a -4.49% drop over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 161.47K shares changing hands, 12.91K fewer than the previous session. This amounted to $3.29M in total market activity.
Will TMST Continue Its Upward Trend?
According to analyst ratings and projections for TMST, TimkenSteel Corporation shares are anticipated to increase by +9.38%, potentially reaching $22.51 per share by April 9, 2024. Short-term technical indicators currently suggest a neutral sentiment for TMST. 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 TMST stock forecast, now is a good time to buy TMST stock because its current trading price is -7.67% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on TMST covering social and institutional perspectives.
TMST Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TMST's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 54.58% to 58.29%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 51.90%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 51.37%, maintains a neutral outlook for the long term. Insights into TMST's shareholder base show how institutional investors are positioning themselves during these momentum shifts
TimkenSteel Corporation Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, TimkenSteel Corporation (TMST) is positioned to show a strong performance in September 2024. The price is predicted to move between $19.25 and $21.90, settling at an average of $20.77. This could translate to a +1.81% gain.
October 2024
Based on current market signals, TimkenSteel Corporation is projected to trend october 2024. We forecast a trading range from $17.98 to $21.18, with a likely average price of $19.66. Investors could expect a potential return of -3.63%.
November 2024
Our predictive algorithms indicate TimkenSteel Corporation stock may see a shift in November 2024. The expected range spans $17.94–$21.79, with an average target of $20.01. This represents a cautious outlook and a possible loss of -1.91%.
December 2024
Analyzing established trends, TimkenSteel Corporation looks set to move in December 2024. Projections place the stock between $17.52 and $20.52, averaging around $19.00. This suggests a -6.86% loss from current levels.
January 2025
Market indicators suggest TimkenSteel Corporation could experience notable changes during January 2025. Prices could fluctuate within $17.53 to $21.04, with a midpoint forecast of $19.21. The stock might deliver a -5.83% loss.
February 2025
Forecasting for February 2025, models estimate that TimkenSteel Corporation may undergo key fluctuations. If trends hold, the stock might trade between $18.43 and $21.20, averaging $19.94. This signals a cautious trajectory with potential returns around -2.25%.
March 2025
According to our latest forecast models, TimkenSteel Corporation (TMST) is positioned to show a strong performance in March 2025. The price is predicted to move between $17.53 and $20.46, settling at an average of $18.92. This could translate to a -7.25% loss.
TMST's history of dividends and stock splits also plays a role in long-term investor confidence.