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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 2024-01-12 View latest technical analysis

10 day averaged volume of Tootsie Roll is 74260

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	35.21	34.82	35.21	34.62	0.597 times
12 Fri Jan 2024	35.21	34.82	35.21	34.62	0.597 times
11 Thu Jan 2024	34.72	34.40	34.73	33.89	1.005 times
10 Wed Jan 2024	34.47	34.47	34.49	34.11	0.623 times
09 Tue Jan 2024	34.35	33.99	34.35	33.93	0.746 times
08 Mon Jan 2024	34.24	34.00	34.36	33.91	0.699 times
05 Fri Jan 2024	33.87	33.78	33.98	33.46	0.984 times
04 Thu Jan 2024	33.84	34.62	34.83	33.78	1.29 times
03 Wed Jan 2024	34.62	34.44	35.84	34.30	1.629 times
02 Tue Jan 2024	34.55	33.11	34.75	33.11	1.427 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.6, but if it comes below 34.6, then a intra day sell could be more profitable.
If you take a sell trade below 34.6, then use 34.6 as stoploss and 33.74 as target. However if you take a buy trade in stock , then use 34.6 as stoploss and 35.7 as target.

Share price targets for Tootsie Roll (TR)

Target Type	Value
Downside Target	29.07
Downside Target	29.82
Downside Target	31.68
Downside Target	33.89
Downside Target	34.62
Downside Target	34.74
Downside Target	35.17
Downside Target	35.21
Upside Target	35.84

Intraday share price targets for Tootsie Roll (TR)

Target Type	Value
Downside Intraday Target	34.82
Downside Intraday Target	34.42
Upside Intraday Target	35.41
Upside Intraday Target	35.6
Downside Intraday Target	35.01

Weekly technical analysis of Tootsie Roll (TR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	35.21	34.82	35.21	34.62	0.163 times
12 Fri Jan 2024	35.21	34.00	35.21	33.89	0.688 times
05 Fri Jan 2024	33.87	33.11	35.84	33.11	5.336 times
29 Fri Dec 2023	33.24	32.91	33.32	32.61	0.209 times
29 Fri Dec 2023	33.24	32.41	33.32	32.09	0.925 times

Price has moved down 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
12 Fri Jan 2024	35.21	33.11	35.84	33.11	0.423 times
29 Fri Dec 2023	33.24	33.16	35.17	32.09	1.058 times
30 Thu Nov 2023	33.09	31.16	34.74	29.91	0.791 times
31 Tue Oct 2023	31.11	29.92	31.68	29.07	0.876 times

Scroll below to view daily charts

Price has moved up 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 to mid 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 mid to longer 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.

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

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

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

Tootsie Roll Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tootsie Roll in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 34.45 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.