Tyco International plc (TYC) has risen sharply, recording gains of 5.96% in the past 4 weeks. However, the stock has corrected -0.55% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.39% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Tyco International plc (NYSE:TYC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.87 and $44.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.32, notching a gain of 1.57% for the day. The total traded volume was 1,436,309 . The stock had closed at $44.62 on the previous day.
The stock has recorded a 20-day Moving Average of 2.91% and the 50-Day Moving Average is 5.37%. Tyco International plc is up 21.53% in the last 3-month period. Year-to-Date the stock performance stands at 45.31%.
Tyco International plc (TYC) : The consensus price target for Tyco International plc (TYC) is $43 for the short term with a standard deviation of $8.98. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $53, however, the pessimist price target for the company is $27.