Market report

Posted On: July 1, 2022

Will TVS Motors continue its bullish trend ?

TVS Motors stock closed at 844.95 on 30 Jun 2022 and is near the 52 week high.
Question is, will the stock continue its bullish trend?

Short term forecast

In xCalData App, we see the forecast prices for next 5 days between 840 and 853.
The alpha is positive, so the stock is performing in line within the sector.
Beta less than 1 means stock is less volatile compared to market.
The volatility is low.

Historical returns

Historically between 30 Jun and 6 Jul,
the stock has given a return of 1.64%.
3 out of past 5 years have seen a positive return during this period.

xFactor

xFactor is a Proprietary score xCalData provides for each stock,.
xFactor is 7 and xFactor Outlook is Bullish.

Historical forecast accuracy is 91%, giving us a higher confidence on our forecasts.

xFactor forecasts the in the next 1 to 30 days to be between 842 to 961.

Technical Indicators

Wow! all the technical indicators show a Bullish trend.

Historical Returns

Historically returns have been positive through the past year

Dividend History

Stock has given a consistent annual dividend in the past

Social Sentiment

We see all broker houses have a “Buy” call on the stock.

Fundamentals

well, xCalData has built a proprietary view methodology called FSI to view fundamentals of the stock quickly.
As you can see, the stock has a “LOW” FSI score contributed by low operating profit.
Further, the Financial risk is “LOW” as well.

Industry and sector views

The stock is part of the Auto Manufacturer industry which is a consumer cyclical sector.
This is a sector that has most stocks that are uptrending.

Conclusion

In conclusion, xCalData believes the upward trend would continue on this stock for the near future.
In other words, the stock is Bullish and likely to remain Bullish for the short term.