Tidewater (TDW) owns and operates one of the largest fleets of OSVs (Offshore Support Vessels) in the industry and its stock is in an uptrend.
Let's check out the charts and plot a strategy.
In the daily bar chart of TDW, below, I see that the shares have risen three-fold the past year. Impressive. TDW is trading above the rising 50-day moving average line and above the rising 200-day line. The trading volume has been increasing since November and helps to confirm and support the price gains this past year.
The On-Balance-Volume (OBV) line has been in a rising trend the past year telling me that buyers of TDW have been more aggressive than sellers. The trend-following Moving Average Convergence Divergence (MACD) oscillator has spent much of the year above the zero line but currently the indicator suggests some profit-taking is possible.