$Teledyne(TDY)$
TDY Soared +9.81%: Aerospace & Defense Giant Hits New High, $630 Target in Sight
Latest Close Data
Closed at $621.79 on 2026-01-21, surging +9.81% (+$55.56). The stock traded within $592.12 - $627.60 and is now just 0.9% shy of its new 52-week high of $627.60.
Core Market Drivers
Strong momentum in the aerospace & defense sector continues to lift the stock. The company's leadership in high-performance digital imaging and instrumentation solutions remains a key growth driver.
Technical Analysis
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Volume surged to 1.00M shares (Volume Ratio: 2.13), confirming the breakout.
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MACD (DIF: 19.19, DEA: 11.96, MACD: 14.45) shows a strong bullish expansion.
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RSI(6) at 85.03 indicates overbought conditions, suggesting potential for a short-term pullback or consolidation.
Key Price Levels
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Primary Support: $592.12 (today's low, initial pullback zone).
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Strong Resistance: $627.60 (today's high & 52-week high).
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Immediate Pivot: $622.02 (previous resistance, now a key level to hold).
Valuation Perspective
Forward P/E of 26.18 is above its historical average of 22.48, reflecting premium pricing for its growth prospects in the defense technology space.
Analyst Targets
13 analysts cover TDY with an average price target of $630.47 (1.4% upside). Sentiment is bullish with 3 Strong Buy, 7 Buy, and 4 Hold ratings.
Weekly Outlook
Expect consolidation near the new highs ($620-$628) after the strong run. A sustained break above $628 could target $650. A break below $592 could see a retest of the $570-$575 support zone.
Risk Disclaimer
This analysis is for informational purposes only and not financial advice. Past performance is not indicative of future results. Investing involves risk, including potential loss of principal. Always conduct your own research.
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