Tableau Software (DATA) has been under a strong bear grip, hence the stock is down -4.95% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.41% in the past 1 week. The stock has risen by 1.58% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.46% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 1.08%.The 200 Day SMA reached 2.41%
Tableau Software (NYSE:DATA): After opening at $54.93, the stock dipped to an intraday low of $54.02 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $55.54 and the buying power remained strong till the end. The stock closed at $55.27 for the day, a gain of 0.97% for the day session. The total traded volume was 762,389. The stocks close on the previous trading day was $55.27.
Tableau Software (DATA) : The highest level Tableau Software (DATA) is projected to reach is $86 for the short term and the lowest estimate is at $40. The consolidated price target from 21 rating analysts who initiate coverage on the stock is $62.62 and the possibility the share price can swing is $11.63.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.