Trueblue, Inc. | TBI

Daily Technical Analysis of Trueblue, Inc.

Not too much action today, Trueblue drifted down slightly. We'll see where it goes next.

Currently TBI isn't at a clear support/resistance line that seems tradable. Trueblue hasn't shown a lot of strength recently, shareholders don't seem that energized about the Employment Services company's future prospects. TBI might find some support at the 18.98 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Trueblue By Price Target And Rating

The analysts are pretty neutral on Trueblue right now, so not much useful information here. The current Analysts Sentiment Score is -0.67. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. BMO Capital Markets provided a price target decease of -4.76% to $20.00 from $21.00 on 2023-07-26. Robert W. Baird provided a price target decease of -10% to $18.00 from $20.00 on 2023-07-25.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Trueblue

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Trueblue

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.