$TYL with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:TYL after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 92.86%.
1TYL trade ideas
Could continue to see a lower move but two key areasThe setup seems bullish, but you can't ignore the technical aspects. If it falls, the trendline may come into action, as it has in the past. The BB is closing in, which could break out to 600 after this correction is done.
Double top potentialEither as a breakout or as a flush, the analysts gave this outstanding review and are confident of the continuation; if that's the case, I would be waiting to see if it breaks the top or fails.
TYLTyler Technologies, Inc., based in Plano, Texas, is a provider of software to the United States public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada
Continuation buy/long.
Tyler Technologies - Strong Bullish PatternTyler Technologies is showing a strong bullish pattern. Target price is $850 by 2025. The stock is currently undervalued.
TYL set for a recoveryAlthough $TYL missed EPS and REV in the latest report, it happened by a small margin and the company recorded +16% in revenues in 2022 and +18% on the Operating Income. $TYL has a good business growth history and the stock price have some perspectives to improve.
I post these ideas for my journal. Do your homework and size your position accordingly.
$TYLStrong support on the trendline & 200dMA(blue). 20dMA (green) crossing upwards through the 50dMA(red) which is medium term bullish signal. Our STOCH is hanging around in oversold territory currently & just recently has a nice hammer candle.
Some DD - Tyler Technologies just recently acquired ReadyStub, which makes scheduling software for school districts. ReadyStub works with approx. 1k school districts across the United States & TYL already has 2k school districts as clients.
Some would say TYL is significantly overvalued, but the long term return of this company I love. Its projected to grow 10.78% annually over the next five years. They have strong financial strength with a good cash to debt ratio and interest coverage. They are at 30.47 which is better than 75% of the companies in the software industry. $TYL has been profitable 10 times over the last 10 years. Over the past 12 months the company has had a revenue of $1.1 billion dollars. Its operating margin is 15.49% which ranks them better than 82% of the companies in software industry.
This is not financial advice, I am not a financial advisor. This is solely my opinion.
Why I Often Look at Panics as OpportunityPanic selling and panic buying usually show up at the end of a move. Here I us a simple "indicator" I made to help identify if a move is particularly special.
First, I have always like ATR (Average True Range) as a useful reminder of what to expect and at one time I even used it to calculate my position size for risk purposes. I wrote two little hybrids of this just for one bar extremes from the previous close. One is for the buying climax and the other for the selling climax.
As I explained in the video, I worked for many years as a "specialist" - or market maker on a stock exchange floor. In this job, I regularly had to buy if nobody else would and take the sell side if nobody else would sell. This typically had me short near the short term highs and long near the bottoms - often not on purpose! But it does explain how the pros are often on the right side at market extremes. Pros do tend to "fade" extreme moves meaning they take the opposite side of panic moves out of experience.
As Mr. Buffett says, "be fearful when others are greedy and be greedy when others are fearful"
Happy trading,
Rob
Here is the code for my scripts
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © rbarnesy
//@version=4
study("LR from Prev close")
plot((close -low)/close *100)
// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © rbarnesy
//@version=4
study("HR from Prev close")
plot((high-close )/close *100)
People about to have Sharp Buy Signals for this one: $385 TargetFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I believe TYL given its bullish momentum right now is soon going to pass the $380 threshold, and if the market is looking bullish may also pass that $385 threshold for a new high. As a short target, it looks like the market analyst are calling a strong buy on this one. Risk is medium.
Tyler Technologies $TYL cup w handle$TYL is breaking out cup w handle today. RSI is higher high too. The volume is still weak though. we may expect for back test.
If you find my charts useful, please just leave me a "like"
Tyler Technologies will form cup w handle?$TYL is pulling back after long rally. For cup w handle, it needs to come down till coloured area.
$TYL:NYSE - TYLER TECHNOLOGIES - Holding up well.Tyler is another stock that has been holding up pretty well so far throughout the current downturn. A 12% Trail would have kept you in for the year for a 74%+ gain. Could be worth a watch.
Tyler Technologies, Inc. engages in the provision of integrated technology and management solutions and services for public sector with a focus on local governments. It operates through the Enterprise Software, and Appraisal and Tax segments. The Enterprise Software segment provides municipal and county governments and schools with software systems to meet their information technology and automation needs for mission-critical back-office functions such as financial management, courts, and justice processes. The Appraisal and Tax segment provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities. The company was founded in 1966 and is headquartered in Plano, TX.
