Tidewater Inc. (TDW)

Tidewater Inc. is trading at $93.96, down 0.01% on the session. The 50 day average sits at $74.87 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 70.6, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $73.08 with resistance near $95.32, so that band frames the current range. Average daily movement is roughly $3.89, or about 4.1% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 72, momentum of 78 and a risk score of 16.

Tidewater Inc., together with its subsidiaries, provides offshore support vessels and marine support services to the offshore energy industry through the operation of a fleet of offshore marine service vessels worldwide. The company operates through five segments: Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. It offers phases of offshore crude oil and natural gas exploration, field development, production, maintenance, and windfarm development and maintenance activities; towing and anchor handling for mobile offshore drilling units; transportation of supplies and personnel necessary to sustain drilling, workover, and production operations; and field abandonment, dismantlement, and restoration activities. The company also provides offshore construction; seismic and subsea support; various other specialized services, such as pipe laying, cable laying, and geotechnical survey support for windfarm construction. Its vessels consist of anchor handling towing supply vessels, platform supply vessels, and other specialty vessels, as well as crew boats, utility vessels, and offshore tugs. The company serves integrated and independent oil and gas exploration, development, and production companies; mid-sized and smaller independent exploration and production companies; foreign government-owned or government-controlled organizations engaged in the exploration, development, and production of oil and gas; offshore drilling contractors; and other companies that provide services to the offshore energy industry comprising offshore construction companies, windfarm development companies, diving companies, and well stimulation companies. Tidewater Inc. was incorporated in 1956 and is headquartered in Houston, Texas.