2 mins readTelos Corporation is in the cybersecurity business. They offer protection across the globe.
Its stocks are up for grabs on NASDAQ. TLS is the symbol they trade under.
Are you curious about the predicted stock price in 2023? Read on! We'll explore whether Telos might hit the $10 milestone.
Source: Telos .1D.NASDAQ by TradingView
Reviewing Telos's 2023 Performance
Guess what? Telos stock sure knows how to ride the rollercoaster!
Its price swings from $1.53 to a high point of $12.51 for each share. But let's not forget, Telos hasn't turned a profit yet. And shareholders? They haven't seen a dime in dividends.
In fact, in Q1 of 2023, Telos was in the red. Their earnings per share? A disappointing negative $0.04. Not cool, Telos.
But the game isn't over yet.
Technical Analysis of Telos Stock Price in 1-D Timeframe
Let's do a deep dive into Telos stock, shall we? Looking at the 1-D chart, things aren't rosy. Telos (that's TLS in NASDAQ) has been on a downswing, and it's been six whole months. Right now, TLS is hanging on at $2.30. But can it stay there?
If $2.30 slips, watch out below! It might drop. Hit the next 'floors' maybe? They're at $2.21 and then $1.58. But, what if it holds its ground? What if it climbs?Then the ceilings to break are at $2.77 and $3.43 respectively.
We're near 40.97 on the Relative Strength Index (RSI) meter, which isn't bullish. Plus, the MACD lines? At -0.0324 and -0.0278, they are above zero. This hints that TLS's bears might be in control.
And there's another concern. At present, the TLS price hangs low, under the 50-day and 200-day Simple Moving Averages (SMAs). They can't give any support here. If more stocks get sold, the price could sink further. We could see lower highs and lows. So be prepared, folks! It's going to be an exciting journey with Telos.
Technical Levels
TLS shares look gloomy, say the stats. Sure, they COULD go up to $2.77 or $3.43. But right now, they’re not. They're stuck underneath the 50 and 200-day SMA markers. That's bad. The support floors? Situated at $2.28 and $1.58. Top boundaries, or resistance? Look at $2.77 and $3.43.
Final Thoughts
So, what's the one-day map say? Simple. Most folks feel pretty downcast about TLS. Not excited. The tech gizmos - RSI, MACD, EMA agree. They flicker red, and string together the downwards line. Will TLS get to $10 by 2023's end? Chances look slim.
But, markets are like weather. Always changing. Tough to predict.
So, keep eyes and ears open. Snap up the latest news. Get well-informed before deciding. Especially if it's about the stock market. Stay updated, stay smart!
