Tyler 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.
Although $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.
Strong 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....
Panic 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...
First 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...
$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 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...
