TFI International Inc (TFII): Price Now Near $107.61; Daily Chart Shows An Uptrend on 20 Day Basis

The Hourly View for TFII

At the time of this writing, TFII (Get Ratings)’s price is down $-0.98 (-0.9%) from the hour prior. This is the 2nd hour in a row TFII has seen its price head down. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Of note is that the 100 hour changed directions on TFII; it is now pointing down. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Transportation stocks, TFII ranks 111th in regards to today’s price percentage change.

TFII’s Technical Outlook on the Daily Chart

At the time of this writing, TFII’s price is down $-2.39 (-2.17%) from the day prior. This is the 3rd day in a row TFII has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 20 day moving average has been crossed, with price now being below it. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. TFI International Inc’s price action over the past 90 days can be seen via the chart below.

TFII

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TFII: Daily RSI Analysis

  • TFII’s RSI now stands at 0.
  • TFII and RSI both have consistent trends, as they are both heading down.

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