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(TR) Tootsie Roll complete technical analysis [charts+indicators] | Buy/Sell Tootsie Roll | (TR) share price targets

Complete technical analysis of Tootsie Roll (TR) by charts plus indicators, forecast predictions and share price targets for Tootsie Roll (TR)

Tootsie Roll trades in USA in Consumer Non Durables sector.

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Tootsie Roll is 87840

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	32.43	32.22	32.56	31.94	0.871 times
20 Wed Mar 2024	32.35	32.37	32.64	31.97	0.732 times
19 Tue Mar 2024	32.26	31.92	32.34	31.91	0.659 times
18 Mon Mar 2024	31.83	31.77	32.27	31.75	0.742 times
15 Fri Mar 2024	31.83	31.55	32.17	31.54	1.75 times
14 Thu Mar 2024	31.69	32.22	32.40	31.49	1.035 times
13 Wed Mar 2024	32.26	32.47	32.83	32.24	0.903 times
12 Tue Mar 2024	32.58	32.63	32.78	32.25	0.954 times
11 Mon Mar 2024	32.55	32.08	32.77	32.01	1.278 times
08 Fri Mar 2024	31.85	31.50	32.02	31.27	1.008 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 32.6 as stoploss in an intra day sell trade for a target of 32.1. However, stock will show a bullish move above 32.6.

Share price targets for Tootsie Roll (TR)

Target Type	Value
Downside Target	29.91
Downside Target	30.74
Upside Target	32.74
Upside Target	32.83
Upside Target	32.89
Upside Target	33.32
Upside Target	33.48
Upside Target	34.74
Upside Target	35.17
Upside Target	35.84

Intraday share price targets for Tootsie Roll (TR)

Target Type	Value
Downside Intraday Target	31.91
Downside Intraday Target	31.38
Upside Intraday Target	32.8
Upside Intraday Target	33.16
Downside Intraday Target	32.27

Weekly technical analysis of Tootsie Roll (TR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	32.43	31.77	32.64	31.75	0.508 times
15 Fri Mar 2024	31.83	32.08	32.83	31.49	1.298 times
08 Fri Mar 2024	31.85	32.53	33.32	31.27	0.91 times
01 Fri Mar 2024	32.53	31.69	32.74	31.06	1.487 times
23 Fri Feb 2024	31.56	32.47	32.89	30.74	0.881 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tootsie Roll (TR)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	32.43	32.49	33.32	31.27	0.825 times
29 Thu Feb 2024	32.52	32.50	33.48	30.74	1.097 times
31 Wed Jan 2024	32.59	33.11	35.84	32.58	0.816 times
29 Fri Dec 2023	33.24	33.16	35.17	32.09	1.058 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tootsie Roll (TR)

Price action analysis of Tootsie Roll ( (TR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tootsie Roll ( (TR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tootsie Roll ( (TR) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Tootsie Roll ( (TR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tootsie Roll stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Tootsie Roll in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tootsie Roll Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Tootsie Roll in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tootsie Roll is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.14 and Tootsie Roll (TR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Tootsie Roll (TR) stock. Volume based technical analysis of Tootsie Roll (TR) stock is negative.

Tootsie Roll Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.